Asia Shares Slip, China Inflation Surprisingly Soft

September 09, 2024, 09.47 AM | Source: Reuters
Asia Shares Slip, China Inflation Surprisingly Soft

ILUSTRASI. Nikkei falls 2.4%, but S&P 500 futures edge up and dollar bounces on yen as yields come off lows

GLOBAL MARKET - SYDNEY. Asian share markets slid on Monday after worries about a possible U.S. economic downturn slugged Wall Street, though U.S. stock futures did rally from an early dip and bond yields came off their lows.

Data on consumer prices (CPI) from China showed the Asian giant remained a driver of global disinflation, with producer prices falling an annual 1.8% in August when analysts had looked for a drop of 1.4%.

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