Asian markets suffered losses in today's series after China's inflation data, which went below expectations. The markets in China were also closely monitored by investors due to negotiations between the US and China, but Shanghai Composite, Shenzhen Composite and Shenzhen Component slid down by more than 0.1%.
The Nikkei 225 finished in red with a decline of 1.49%, while Topxi declined by 1.19%. Kospi declined by 0.32%. In Australia, ASX200 declined by 0.19%, with the sectors remaining mixed. The financial sub-index fell by 0.23%.
The progress of the trade talks could not bolster the Asian markets by re-casting fears of the slowdown in the world economy. And rightly, since fear is taking the form of a fact, an economic fact coming from China.
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