Asia-Pacific markets slip; Australia and Japan inflation readings expected this week

Investors will be watching Australia's inflation data on Wednesday, after the country's central bank said it discussed the case for raising interest rates at its last meeting.

Should inflation come in higher than expected and spur the RBA to raise rates, it would be the first major Asia-Pacific central bank to do so in an environment where investors are waiting for rate cuts, barring Japan.Special attention will be paid to Australia's May consumer price index figures on Wednesday, after Reserve Bank of Australia Governor Michelle Bullock revealed

Should inflation come in higher than expected and spur the RBA to raise rates, it would be the first major Asia-Pacific central bank to do so in an environment where investors are waiting for rate cuts, barring Japan. The RBA has two inflation readings to consider — June 26 and July 31— before its next meeting on Aug. 6.I spent a fortune to be in my friend's wedding. Do I still have to buy the couple a gift? 4 experts weigh inFeeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly"Technology stocks continue to be in the spotlight," said Emily Roland, co-chief investment strategist at John Hancock Investment Management.

Source: Financial Digest (financialdigest.net)

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