"Global Equities Mixed as Wall Street Slips and Inflation Takes Center Stage"

Asia-Pacific markets traded mixed as Hong Kong stocks led declines and Japan's Nikkei 225 gave up gains, following a pause in Wall Street's rally. Major economic data this week include China's manufacturing purchasing managers' index and the U.S. personal consumption expenditures price index data. Paytm shares rose after CEO exited payments bank board, while Japan's January core consumer prices cooled year-over-year. In the crypto market, stocks tied to the price of bitcoin surged as the cryptocurrency broke through $54,000 for the first time since December 2021.