Asia Stocks Slip Tracking Wall Street Losses, But Set for Monthly Gains; Tokyo CPI Eyed
Asia markets weakened on Friday as Asia stocks broadly fell in tandem with Wall Street’s weaker close overnight, yet the region’s major indexes are still on pace for solid monthly gains as investors take stock of economic data and policy outlooks. Market participants are closely watching Tokyo’s latest consumer price index (CPI) figures for direction on inflation and central bank policy, while lingering weakness in technology shares and risk sentiment weighed on trading across the region.
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