Chip Stocks Rebound in Asia While Other Markets Slide on China Worries; US Data, ECB Remarks Eyed
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Chip stocks in Asia rebounded while other markets declined amid economic concerns in China.
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Chinese retail sales and Singles Day results disappointed, renewing worries about consumer spending.
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U.S. CPI and retail sales data this week could influence Fed's interest rate policy.
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ECB President Lagarde said rates will stay high for some time, deputy Guindos speaks today.
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BoE's Mann also set to speak after bank projected rates staying high despite recession.