Asia stocks subdued as investors eye U.S. midterm, inflation data

📆 09/11/2022 11:35:00
📰 Reuters

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Asian shares inched higher on Wednesday as investors braced for U.S. inflation data due this week and awaited the results of the midterm elections that could signify a power shift in Washington.

for the first time since December 2020, underscoring faltering domestic demand amid COVID-19 curbs.

LPL Financial's Krosby said the focus for the market will quickly shift from fiscal policy to monetary policy.

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