Japanese shares lift Asian stocks ahead of US data barrage
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Asian stocks rose on Tuesday, led by Japanese shares on the back of a steady yen, with traders awaiting data including the U.S. inflation report to gauge the Federal Reserve's policy outlook after volatile moves last week. Oil prices eased in early trading after a 3% jump in the previous session as investors kept an eye on widening conflict in the Middle East that could tighten global crude supplies. Demand for safe assets lifted gold prices. [O/R] [GOL/] Japan's Nikkei rose more than 2% in early trading following a holiday on Monday, a welcome relief after last week's wild swings that began with a massive sell-off spurred by a rising yen and fears of a U.S. recession. [.T] MSCI's broadest index of Asia-Pacific shares outside Japan was slightly higher at 556.19. Chinese stocks were little changed in early trading, while Hong Kong's Hang Seng Index was also flat. "While aftershocks might reveal vulnerabilities, w...