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Asia Stock Market: Stocks dip, bonds drop as hot inflation reading in Germany surprises; oil jumps

S&P 500 futures gave up early gains to fall back to flat early in the Asian session, and Nasdaq 100 futures were up 0.4%. MSCI's broadest index of Asia-Pacific shares outside Japan snapped a two-day winning streak and dropped 0.2%. Japan's Nikkei fell 0.1%.

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