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 Asian stocks skittish ahead of more US rate cues; Nikkei slides
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Asian stocks were skittish ahead of key U.S. inflation data and addresses by Federal Reserve officials. Japan's Nikkei 225 fell more than 1% as several heavyweight stocks traded ex-dividend. Australia's ASX 200 rose as much as 1% to a record high of 7,901.20 points. The index was boosted by broad-based gains and a less hawkish outlook for the Reserve Bank of Australia. Broader Asian stocks kept to a tight range, with Shanghai Shenzhen CSI 300 and Hong Kong's Hang Seng index recovering mildly from recent losses. South Korea's KOSPI fell 0.1% as a rally in technology stocks cooled. India's Nifty 50 index pointed to a mildly negative open.

#AsianStocks #UsRateCues #Nikkei #InflationData #FederalReserve #Asx200 #ReserveBankOfAustralia #ShanghaiShenzhenCsi300 #HangSeng #Kospi #Nifty50

https://www.investing.com/news/stock-market-news/asian-stocks-skittish-ahead-of-more-us-rate-cues-nikkei-slides-3356065