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Asia shares brace for BOJ meeting, US inflation test

SYDNEY (Reuters) -Asia stocks slipped on Monday in a subdued start to a week where Japan's central bank might edge further away from its uber-easy policies, while a key reading on U.S. inflation is expected to underpin market pricing of interest rate cuts there. The Bank of Japan (BOJ) meets Tuesday amid much chatter that it is considering how and when to move away from negative interest rates. April was favoured by 17 of 28 economists as the kick-off for negative rates to be scrapped, ma...
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Source: yahoo.com

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Oil climbs nearly 1% on drop in Russia exports, Red Sea jitters, ET Auto

Oil Climbs: Brent crude futures climbed 69 cents, or 0.9%, to USD 77.24 a barrel by 0037 GMT, while U.S. West Texas Intermediate crude was at USD 72.08 a barrel, up 65 cents, or 0.9%. "The bad weather in Russia has played a part in the stronger open this morning as has the Houthis attack on ships close to Yemen," IG analyst Tony Sycamore said.
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