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Markets
Asian stocks recalibrating on mixed results in US mkts
Eco Buzz
Re settles 2ps higher at 83.26 against 1$
Gold edges up, silver remains flat
Greenback’s undertone bullish bias signals further fall for Re
Smallcap segment valuations at risky levels
Economy
Key US inflation measure posts biggest increase since 1992
'US Fed will not raise rates preemptively on inflation fears'
'Pandemic continues to pose risks to economic outlook'
The dovish Fed should embrace mkt optimism
