Asia markets rise as Wall Street lifted by hopes of debt ceiling deal

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Asia markets rise as Wall Street lifted by hopes of debt ceiling deal
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Stocks on Wall Street closed higher as investors hoped congressional leaders and President Joe Biden could come to a deal on the U.S. debt ceiling.

Japan trade deficit narrows in April, imports fall more than expectedby almost half in April, falling to 432.41 billion from 854.93 billion a year ago.

Exports came in largely in line with expectations, rising 2.6% year-on-year compared to the 3% expected.New Zealand's producer price index rose by 0.3% in the first quarter of 2023 compared to the final quarter of 2022,Input producer price index rose 0.2% – with the farm expenses price index rising0.7% and capital goods price index climbing 1%.CNBC Pro: Nvidia's stock could rise fivefold in 10 years on A.I.

The year is nearing its halfway mark, and global stocks have been doing much better than they had in volatile 2022.

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