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Soaring resource and raw materials prices amid Russia's invasion of Ukraine are increasingly pressuring Japanese firms to raise their product and service prices.
by Tyler Durden Tuesday, Apr 13, 2021 - 08:09 AM After trading flat for much of the overnight session in anticipation of today's key event, the CPI report (due out at 830am ET), US equity futures and European markets tumbled at precisely 7am after a report that the US will pause Johnson & Johnson vaccines amid health concerns, potentially dealing a blow to efforts to reopen the world’s largest economy. Futures on the S&P 500 fell and reopening sensitive Russell 2000 contracts lost almost 1% after the New York Times reported and FDA confirmed that the US would will call for an immediate pau...