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Asian Open: Inflation Deflates Wall Street, Dollar Bulls Resurface Matt Simpson May 12, 2021 11:00 PM US CPI data hit its highest level since 2009, exceeded expectations and reaffirmed earlier fears that inflation could be higher for longer than the Fed are positioned for. Share: Asian Futures: Australia s ASX 200 futures are down -28 points (-0.4%), the cash market is currently estimated to open at 7,016.90 Japan s Nikkei 225 futures are down -450 points (-1.6%), the cash market is currently estimated to open at 27,697.51 Hong Kong s Hang Seng futures are down -267 points (-0.95%), the cash market is currently estimated to open at 27,964.04 UK and Europe: Europe s Euro STOXX 50 index rose 1.37 points (0.03%) to close at 3,947.43 ....