Asia set for cautious open after U.S. consumer prices; China's inflation reports ahead
China April inflation expected to come in at 0.3%, lowest since Feb 2021
China's inflation for April is expected to fall further to 0.3%, according to a Reuters poll of 37 economists. The country will release its consumer price index Thursday. Should the forecast prove accurate, that would mark the third-straight month of decline in the inflation rate, and the lowest reading since February 2021, when inflation was at -0.2%.— Lim Hui JieBitcoin and gold prices moved higher Wednesday morning after the
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