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Nikkei, Hang Seng Dip on Fading US Rate Cut Hopes
Asian stocks were on the back foot on Thursday after hopes of a sooner-rather-than-later US rates cut were dashed, sending the dollar flying to a 34-year high against the beleaguered yen. Data overnight showed US inflation in March once again came in
Asian stocks were on the back foot on Thursday after hopes of a sooner-rather-than-later US rates cut were dashed, sending the dollar flying to a 34-year high against the beleaguered yen.Data overnig… [+293 chars]
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