Asia-Pacific markets climb as investors shrug off weak U.S. retail sales, eye China inflation
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Asia-Pacific markets opened higher Wednesday, continuing their rally despite AI fears and weak economic data on Wall Street spooking U.S. investors. The U.S. December retail sales report showed that consumer spending was flat , missing the 0.4% monthly gain that economists polled by Dow Jones were expecting. In Asia, investors will assess China's January inflation data, with consumer inflation expected to ease to 0.4% from December's 0.8%. China's producer price index is expected to remain in
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