Stocks steady, $US catches breath as traders eye US CPI

Asian stock markets nudged sideways on Tuesday while the US dollar took a breather, its recent gains chastened by resistance from central banks in China and Japan and by traders waiting on US inflation data to signal that interest rates may have peaked. The yen notched its best day against the dollar in two months overnight, after Bank of Japan Governor Kazuo Ueda said policymakers might have enough economic information by year’s end to determine that short-term rates will need to rise. The yuan had its best day in six months after authorities vowed to correct one-way moves and Reuters…