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Asia markets mixed as Wall Street rally falters; India inflation data on deck - TL;DR CNBC

Asia markets mixed as Wall Street rally falters; India inflation data on deck

Publishing timestamp: 2024-03-14 03:51:21


Summary

Asia-Pacific markets were mixed after Wall Street's tech-fueled rally dissipated. Japan's wage negotiations could lead to Bank of Japan unwinding its monetary policy. India's wholesale inflation slowed more than expected. Reliance Industries to purchase Paramount Global's stake in Viacom18 Media. South Korea's National Pension Service supports plan to resolve "Korea discount." Singapore's Singtel refutes reports of offloading Optus. Australian gold miners surge as spot gold prices near all-time highs. United States Steel Corp plunges on concerns over acquisition by Nippon Steel Corp. Asset manager sees promise in Chinese stocks. Crude oil futures jump after Ukraine strikes refineries in Russia. Barclays sees AI automating customer support requests. Tesla shares drop after Wells Fargo downgrade.


Sentiment: MIXED

Tickers: .DXYAUD=@CL.1.N225.DJI.SSECEVN-AU.IXICAAPL.KS11STEL-SGMETAXLYFTRBLX.SZI.AXJOTSLANVDANST-AU@LCO.1JPY=.HSIXAU=.SPX

Keywords: usd/jpyeconomic eventsbusiness newss&p 500 indexbreaking news: marketsdow jones industrial averagewti crude (mar'23)ice brent crude (apr'23)marketsasia economyhang seng indexshenzhen component indexaustraliameta platforms incapple incnikkei 225 indexshanghaiaustralian dollar/us dollar fx spot ratenvidia corpbreaking news: asianasdaq compositekospi indexpricesworld marketsdxy us dollar currency indexs&p/asx 200

Source: https://www.cnbc.com/2024/03/14/asia-markets-india-wpi-inflation-japan-shunto.html


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