MOST Asian currencies were muted on Tuesday as traders exercised caution ahead of this week's U.S. inflation data and a flurry of regional central bank meetings. The crucial U.S. CPI data, scheduled for release on Wednesday, will take centre-stage for global markets as the timeline for U.S. rate cuts has been gradually delayed. Traders are now seeing about a 50% chance of the Federal Reserve cutting rates in June, compared to more than 60% last week, according to the CME's FedWatch tool.In Asia,
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2024-04-09 00:00:00.0