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GLOBAL MARKETS-Asia shares turn cautious ahead of U.S. inflation


GLOBAL MARKETS-Asia shares turn cautious ahead of U.S. inflation
Reuters
1 hour ago
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Taiwan stocks slip as pandemic hits chip makers
U.S. CPI data, ECB meeting loom large this week
Nasdaq futures dip as G7 agrees global corporate tax
By Wayne Cole
SYDNEY, June 7 (Reuters) - Asian shares turned lower on Monday as relief over the benign U.S. jobs report was chilled by caution ahead of key inflation data later this week, while a coronavirus outbreak in Taiwan took a toll on chip manufacturers.
Investors were wary on how shares of major tech firms would react to the G7 s agreement on a minimum global corporate tax rate of at least 15%, though getting the approval of the whole G20 could be a tall order. ....

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Dollar near three-month low, weighed by Fed's dovish tilt


Dollar near three-month low, weighed by Fed s dovish tilt
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Dollar near three-month low, weighed by Fed s dovish tilt
The dollar stood near its lowest level in three months against a resurgent euro, and traders pared earlier bets the Federal Reserve may move soon to taper its stimulus though markets were not fully convinced that higher U.S. inflation is transient.
FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo
24 May 2021 11:50AM
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TOKYO: The dollar stood near its lowest level in three months against a resurgent euro, and traders pared earlier bets the Federal Reserve may move soon to taper its stimulus though markets were not fully convinced that higher U.S. inflation is transient. ....

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