Asian Market Updates

Asian Shares Mixed Ahead Of Powell Remarks

Asian shares ended mixed on Wednesday as Chinese industrial profits data disappointed and a softer than expected headline inflation figure in Australia raised the prospect of a pause in interest rate rises from the Reserve Bank of Australia.

Investors shifted their focus to Fed Chair Jerome Powell's upcoming remarks after a slew of upbeat U.S. economic data pointed to a resilient economy.

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by RTTNews Staff Writer

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