💨 Abstract

Asian shares are set for a weekly loss due to a breather in the Chinese share rally, awaiting details of Beijing's fiscal stimulus this weekend. consumer inflation was slightly higher than expected, pointing to stalling progress in the Fed's inflation fight, but jobless claims remain high, keeping rate cut expectations alive. MSCI's Asia-Pacific shares outside Japan are down 1.7%

Courtesy: theprint.in

Summarized by Einstein Beta 🤖