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Asian shares fall as investors await US inflation update

FILE - Sunlight shines on the facade of the New York Stock Exchange, Friday, July 8, 2022, in New York. U.S Stocks are edging higher in early trading on Wall Street Tuesday, July 12, 2022, as traders brace for a big week of news on inflation and company earnings reports. (AP Photo/John Minchillo, File) Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, July 13, 2022. Asian stock markets rose Wednesday as investors waited for U.S. inflation data some worry might lead to more interest rate hikes.(AP Photo/Ahn Young-joon) A currency trader passes by screens showing the Korea Composite Stock Price Index (KOSPI), center, and the exchange rate of South Korean won against the U.S. dollar, right, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, July 13, 2022. Asian stock markets rose Wednesday as investors waited for U.S. inflation data some worry might lead to more interest rate hikes.(AP Photo/Ahn Young-joon) Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, July 13, 2022. Asian stock markets rose Wednesday as investors waited for U.S. inflation data some worry might lead to more interest rate hikes.(AP Photo/Ahn Young-joon) FILE - Sunlight shines on the facade of the New York Stock Exchange, Friday, July 8, 2022, in New York. U.S Stocks are edging higher in early trading on Wall Street Tuesday, July 12, 2022, as traders brace for a big week of news on inflation and company earnings reports. (AP Photo/John Minchillo, File) FILE - Sunlight shines on the facade of the New York Stock Exchange, Friday, July 8, 2022, in New York. U.S Stocks are edging higher in early trading on Wall Street Tuesday, July 12, 2022, as traders brace for a big week of news on inflation and company earnings reports. (AP Photo/John Minchillo, File) FILE - Sunlight shines on the facade of the New York Stock Exchange, Friday, July 8, 2022, in New York. U.S Stocks are edging higher in early trading on Wall Street Tuesday, July 12, 2022, as traders brace for a big week of news on inflation and company earnings reports. (AP Photo/John Minchillo, File) FILE - Sunlight shines on the facade of the New York Stock Exchange, Friday, July 8, 2022, in New York. U.S Stocks are edging higher in early trading on Wall Street Tuesday, July 12, 2022, as traders brace for a big week of news on inflation and company earnings reports. (AP Photo/John Minchillo, File) FILE - Sunlight shines on the facade of the New York Stock Exchange, Friday, July 8, 2022, in New York. U.S Stocks are edging higher in early trading on Wall Street Tuesday, July 12, 2022, as traders brace for a big week of news on inflation and company earnings reports. (AP Photo/John Minchillo, File) FILE - Sunlight shines on the facade of the New York Stock Exchange, Friday, July 8, 2022, in New York. U.S Stocks are edging higher in early trading on Wall Street Tuesday, July 12, 2022, as traders brace for a big week of news on inflation and company earnings reports. (AP Photo/John Minchillo, File) FILE - Sunlight shines on the facade of the New York Stock Exchange, Friday, July 8, 2022, in New York. U.S. futures and most global benchmarks fell Tuesday, Jly 12, 2022, with new data dropping this week on inflation, as well as the start of the earnings season. (AP Photo/John Minchillo, File) FILE - Sunlight shines on the facade of the New York Stock Exchange, Friday, July 8, 2022, in New York. U.S. futures and most global benchmarks fell Tuesday, Jly 12, 2022, with new data dropping this week on inflation, as well as the start of the earnings season. (AP Photo/John Minchillo, File) FILE - Traders work on the floor at the New York Stock Exchange in New York, July 1, 2022. Stocks are opening lower on Wall Street as markets turn cautious ahead of earnings reports from big U.S. companies starting this week and more reports that will show how badly inflation is hitting American businesses and households. The S&P 500 fell 1.1% in the early going Monday, July 11, 2022 while drops in technology stocks helped send the Nasdaq composite down 2%. (AP Photo/Seth Wenig) A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, Tuesday, July 12, 2022. Asian shares fell Tuesday after a slump on Wall Street erased recent gains. (AP Photo/Kin Cheung) A man wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, Tuesday, July 12, 2022. Asian shares fell Tuesday after a slump on Wall Street erased recent gains. (AP Photo/Kin Cheung) A man wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, Tuesday, July 12, 2022. Asian shares fell Tuesday after a slump on Wall Street erased recent gains. (AP Photo/Kin Cheung)
Asian shares fall as investors await US inflation update