Asian Stock Markets Dip as US Inflation Data Approaches

Reported 1 day ago

Asian stock markets mostly declined ahead of the release of key US inflation data, with Japan's Nikkei index falling 0.3% after unexpected inflation figures. Investors are cautious as they await US personal spending data, while concerns grow over interest rate cuts from the Federal Reserve. Mixed reports on the US economy highlight its resilience despite high interest rates, with treasury yields showing a mixed response.

Source: YAHOO

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