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A look at the day ahead in Asian
markets. Signs of fatigue on Wall Street and mixed Chinese inflation data
will set the tone for Asian markets on Monday, with growing
expectations of a. -March 10, 2024 at 06:35 pm EDT
- MarketScreener
Signs of fatigue on Wall Street and mixed Chinese inflation data will set the tone for Asian markets on Monday, with growing expectations of a landmark policy change later this month from the Bank of Japan also likely to drive the Nikkei and yen. Inflation data from China on Saturday showed that consumer price inflation was notably higher than expected, but producer price deflation accelerated once again. But the producer price index fell 2.7% year-on-year, more than forecast and the 17th consecutive month that prices have declined on an annual basis.
Morning Bid: Are China s Inflation, Capital Flows Tides Turning? usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
In 2022 Apple filed a lawsuit against startup Rivos. The lawsuit said that in one year Rivos had hired more than 40 former Apple employees to work on competing system-on-a-chip technology, according to Reuters, "and that at least two former Apple engineers took gigabytes of confidential information.