Asian markets mostly down as inflation trumps recovery optimism


HONG KONG (AFP): Asian markets mostly fell Monday (May 24) as inflation concerns play off against optimism over the global economic recovery, while spiking infections in parts of the region are also keeping investors on their toes.

Wall Street provided a tepid lead at the end of last week, though European equities were given a boost by upbeat eurozone economic data and progress in the bloc's vaccination drive after a slow start.

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