Shares slip in Asia, dollar firm as inflation, earnings loom

January 13, 2025

The impact of the jobs report on U.S. rate cut prospects also raised the stakes for consumer price figures on Wednesday where any rise in the core greater than the forecast 0.2% would threaten to close the door on easing altogether.

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Rising US yields and inflation fears drive sell-off in global markets: Anurag Singh

So, it is kind of a counterplay, but there are two major concerns and we should wait for Jan 20th to see how it unfolds.

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