Here's your summary from Bloomberg Markets: Asia 05/27/2024 (https://www.youtube.com/watch?v=SuP7SDDj-Cw) on the Bloomberg Television channel:

**TLDR:** Asian stocks gain ground as data dominates the week, with a focus on the Fed's preferred inflation indicator.

1. Asian equities are gaining momentum, driven by renewed optimism about the Fed's rate path and consumer inflation expectations.

2. China's industrial profits rise, indicating signs of recovery in exports and domestic demand.

3. India's Modi government's legacy on a $534 billion infrastructure boom is expected to continue, with potential market corrections depending on election outcomes.

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