TOKYO: Asian markets rose on Thursday ahead of US inflation data and a European Central Bank meeting while traders also tracked China-US relations after US President Joe Biden dropped a Trump-era bid to ban TikTok and WeChat.

With the global economy seeing a blockbuster recovery from last year's virus-induced collapse, investors are in a broadly buoyant mood with expectations that equities will continue higher, thanks to reopenings, vaccinations, government stimulus and vast central bank support.

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