Asian markets are climbing to fresh records today, riding Wall Street's momentum as traders shrug off policy tensions in Washington. While regulatory scrutiny remains in the headlines, what's really moving the needle? Earnings season and inflation readings.

Investors are laser-focused on Q3 corporate results and the latest inflation data—these are the metrics that actually shape interest rates and valuations across markets. The chatter about central bank policy is there, sure, but it's taking a backseat to the fundamentals.

This tells you something important: right now, hard economic data trumps political noise. When quarterly earnings disappoint or inflation surprises, that's when you see real portfolio shifts. Until then, momentum favors the bulls. Asia's strength suggests investors are confident enough in corporate earnings to push equities higher, treating policy disagreements as white noise rather than market-moving events.

For traders watching both traditional stocks and crypto volatility, this dynamic matters. Macro factors—inflation, earnings, central bank rate paths—are the backbone of asset pricing across every market, digital or otherwise.