India, Nov. 10 -- Asian stocks rallied on Tuesday as falling oil prices and a rebound in AI and semiconductor shares boosted investors' appetite for risk.
Amid growing expectations for a Federal Reserve rate hike in December, investors awaited the release of the October U.S. CPI report later in the day as well as Friday's PPI report for further direction.
Following upbeat U.S. jobs data released last week, markets are currently price in an 84 percent chance of a rate hike at the Fed's December 8-9 meeting.
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