- Asian markets slid across the board following the weaker US session on Thursday.
- Robust US data contributed to pressure on the capital markets.
- Downbeat Chinese data affected the regional markets across the board.
Asian shares took a dip on Friday, reflecting a downturn in the market sentiment, while the dollar remained strong. This shift followed a higher-than-expected increase in US consumer prices, which has strengthened the argument for the Federal Reserve (Fed) to maintain higher interest rates for an extended period.
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