Asia-Pacific markets set for mixed open after sell-off; Tokyo and U.S. inflation data in focus

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Inflation in Japan’s capital city of Tokyo is widely considered a leading indicator of price increases in the country.

Investors will watch July inflation numbers from Japan's capital city of Tokyo, which are widely considered as a leading indicator of nationwide trends.

Asia-Pacific markets were set for a mixed open on Friday, after Thursday's sell-off saw some indexes in the region hit their lowest level in months.The sell-off came as investors rotated out of tech on Wall Street, pushing major U.S. indexes on Wednesday lower, with the S&P and Nasdaq extending their losses by 0.51% and 0.93% respectively on Thursday, while the Dow Jones Industrial Average rose 0.2%.

 

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