Asia shares wobble, traders on guard as Japanese inflation tops forecast

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Key Points

SINGAPORE (Reuters) -Asian shares slipped on Tuesday, with slightly warmer-than-expected Japanese inflation putting investors on guard ahead of price data due in Europe and the U.S. this week, though bitcoin extended gains on signs that institutional buyers are circling...

The yen steadied at 150.50 to the dollar and inched off a three-month low on the euro as Japanese inflation stayed at the central banks 2% year-on-year target, keeping alive expectations it would exit negative rates by April...

The Federal Reserves favoured measure of inflation the core personal consumption expenditures (PCE) price index is due on Thursday and forecasts are for a rise of 0.4%...

Figures on inflation in the European Union are also due this week, on Friday, with the core gauge again seen slowing to the lowest since early 2022 at 2.9% and bringing nearer the day when the European Central Bank (ECB) might ease policy...

Bank of England deputy Dave Ramsden and Riksbank Governor Erik Thedeen appear later on Tuesday while a smattering of mostly second-tier U.S. and European data are due including consumer confidence for Germany, France and the U.S...

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