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International Business Times
International Business Times
Business
AFP News

Most Asian Markets Fall After Strong US Data, Eyes On Inflation

Hong Kong stocks were a bright spot for Asia after Chinese inflation data beat forecasts (Credit: AFP)

Asian markets mostly fell Monday after a forecast-busting jobs report dampened US interest rate cut hopes, with attention now turning to the release of key inflation data this week.

The selling followed a retreat in all three main indexes on Wall Street, while investors lowered their expectations for how many cuts the Federal Reserve would make this year.

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