Asian Markets Trade Mixed Amid Oil Price Rebound
Asian equity markets presented a mixed picture on October 1st, as rising oil prices offset optimism from cooler-than-expected U.S. PCE inflation data.
The ishares China Large-Cap ETF (FXI) and other Asian stocks traded in different directions, reflecting uncertain sentiment on Wall Street.
Rising oil prices weighed on investors' minds, while the cooler inflation data provided some relief.