Asia-Pacific Markets Cautious Ahead of RBA Minutes and Falling New Zealand Inflation; US Stocks Up Overnight

Asia-Pacific markets set for mixed open ahead of RBA minutes and New Zealand inflation data.

New Zealand inflation hits 2-year low of 5.6% in Q3, down from 6% last quarter.

RBA minutes will provide insight into central bank's rationale for holding rates steady in October.

U.S. indexes rose overnight, with Dow up 0.93% and Nasdaq gaining 1.2%.

UBS chief investment officer sees 10-year Treasury yield falling below 4% by mid-2024 as S&P 500 rises to 4,500.