[MARKET UPDATE] Asia-Pac stocks begin with mild gains following last Friday's softer-than-expected US CPI data, but with the upside capped in thinned conditions amid mass holiday closures

Asia-Pac stocks begin with mild gains following last Friday's softer-than-expected US CPI data, but with the upside capped in thinned conditions amid mass holiday closures.

The mild gains in Asia-Pac stocks follow the weaker-than-expected US CPI data, indicating that investors might be pricing in a more dovish Fed outlook. However, with many markets closed for holidays, trading volumes are likely lower, which could limit momentum and amplify volatility in any moves.