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NIKKEI RIDES HIGH WHILE TRADERS WAIT ON US INFLATION

NEWS Desk Global



Japanese stocks hit a near 34-year high on Wednesday while other Asian equities meandered close to one-month lows and bond markets traded cautiously ahead of U.S. inflation data due this week. Japan's Nikkei (.N225) - which had its best year for a decade in 2023 - climbed 1% in early trade to break above 34,000 for the first time since 1990. Exporters led the charge, helped by a softening yen. The broader Topix (.TOPX) also hit its highest since 1990.

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