Asia markets poised for rebound after Monday's sell off; Japan's Tokyo inflation assessed

Asia-Pacific markets are expected to rebound after a sell-off hit most of the region’s markets on Monday. Investors will be assessing December inflation numbers for Japan’s capital city of Tokyo, which serve as a leading indicator for nationwide inflation. Tokyo’s inflation rate slowed to 2.4% in December from 2.6% in November. Meanwhile, Australia will release its November retail sales figures, which are important for the Reserve Bank of Australia’s monetary policy decisions. The Australian S&P/ASX 200 started the day up 1.05%, while Japan’s Nikkei 225 is set for a stronger open after a public holiday. Futures for Hong Kong’s Hang Seng Index suggested a slight rebound compared to the previous close. In the US, all three major indexes gained, with tech shares leading the boost.