Market wrapNDTV Profit
Asian markets fall on hot US inflation data
Negative0
GreyOak summary
Asian markets declined as Wall Street slipped due to unexpectedly high US inflation. The US CPI rose 0.4% in October, beating forecasts and raising expectations for a Federal Reserve rate hike in December. Nvidia shares also fell amid geopolitical concerns.
What it affects
US inflationNegative 0US CPI rose 0.4% vs 0.3% expected.Rolling sentiment Negative -44
