Asia stocks slide as investors lose risk appetite, yields rise

opened 0.5% lower as the ruling Communist Party's twice-a-decade congress remains in session this week.

In the currency markets, the U.S. dollar firmed as investors flocked to the safe haven after inflation data across the world raised the prospect of central banks continuing with interest rate hikes.said job market demand remains strong and underlying inflation pressures probably have not peaked yet. The rise in the dollar and yields pushed gold lower, with prices lingering at a three-week trough on Thursday. /GOL

Is that meant not bad?

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