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International Business Times
International Business Times
Business
AFP News

Asian Markets Mixed After Wall St Drop, Shanghai Dips Before Briefing

Asia Shanghai Inflation United States
Disappointing US inflation data and a blockbuster jobs report have dented expectations for a second successive bumper interest rate cut by the Federal Reserve (Credit: AFP)

Most Asian markets were mixed Friday as investors digested disappointing US inflation data that further dampened expectations for another bumper interest rate cut next month.

Chinese stocks dipped a day before a highly anticipated news conference at which it is hoped the country's finance minister will outline fresh fiscal stimulus to add to a raft of measures unveiled last month.

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