Asian stocks look set to open steady after a U.S. inflation print left intact expectations for interest-rate increases already priced into the market. The dollar sank.
Australia’s shares edged up at the open. And futures slipped in Japan and rose in Hong Kong. U.S. futures were little changed after commodity and retail companies led gains in the S&P 500. Tesla and Google’s parent Alphabet paced a rally in mega caps.
A gauge of the dollar had its worst session since May as the consumer price index accelerated at the fastest pace since 1982, in line with forecasts.
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