Week InReview: February 24, 2023

Bumpy ride.

Asian equity futures point to a mixed opening after US stocks closed higher in a volatile session as investors await inflation data for clues on the Federal Reserve's rate-hike campaign. Contracts for share benchmarks in Australia and Japan pointed to modest gains while those for Hong Kong signaled further declines. Oil snapped its longest losing streak since December. Japanese markets will be under the spotlight today, with price data due that's expected to show core inflation above 4%. That comes as the government's nominee to be the next central bank governor, Kazuo Ueda, faces his first grilling in parliament.

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