Most Asian markets fall after strong US data, eyes on inflation

By Agence France-Presse

Mar 11, 2024 11:40 am

Hong Kong: 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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