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[MARKET UPDATE] Asia-Pac stocks begin mostly lower as the region follows suit to the losses stateside where tech underperformed as AI-disruption concerns re-emerged

Asia-Pacific stocks are starting the session mostly lower, reflecting losses seen in the U.S.

Newsquawk StaffPublished On the live feed at — 2 more headlines followed before this page went public
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PBoC is expected to set USD/CNY mid-point at 6.9045 (prev. 6.9457)

Fed's Miran (voter) says some of the concern he has on labour markets is a little less than he had before, adds a range of policies are pushing out the supply of the economy and will increase economic growth in a non-inflationary way

[MARKET UPDATE] Asia-Pac stocks begin mostly lower as the region follows suit to the losses stateside where tech underperformed as AI-disruption concerns re-emerged

Japan's Trade Minister Akazawa engaged with US Commerce Secretary Lutnick on US-bound investment initiatives and confirmed progress on talks to launch the USD 550bln investment

Australia sells AUD 1bln 2.50% May 2034 bonds, b/c 3.44, avg. yield 4.2898%

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Context

markets where technology shares struggled due to renewed concerns over AI disruptions. This sentiment suggests that market participants are cautious, possibly bracing for volatility in tech-driven sectors, which could influence broader regional market trends shortly.

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