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Stocks Dip Ahead Of US CPI, ECB Decision

EQUITIES
  • Asian stocks closed stronger: Japan's NIKKEI closed up 972.87 pts or +3.94% at 25690.4 and the TOPIX ended 71.14 pts higher or +4.04% at 1830.03. China's SHANGHAI closed up 39.704 pts or +1.22% at 3296.092 and the HANG SENG ended 262.55 pts higher or +1.27% at 20890.26
  • European equities are weaker ahead of the ECB decision, with the German Dax down 299.83 pts or -2.17% at 13640.17, FTSE 100 down 82.1 pts or -1.14% at 7141.16, CAC 40 down 144.53 pts or -2.26% at 6297.75 and Euro Stoxx 50 down 84.64 pts or -2.25% at 3703.27.
  • U.S. futures are lower pre-CPI data, with the Dow Jones mini down 259 pts or -0.78% at 33006, S&P 500 mini down 31 pts or -0.73% at 4244.25, NASDAQ mini down 126.75 pts or -0.92% at 13608.
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