European markets were downbeat at the start of this week's trading, following their Asia-Pacific counterparts.
The inflation outlook for one year from now fell to its lowest level in more than 2½ years, according to a widely followed sentiment gauge released Friday.showed one-year inflation expectations plunged to 3.1% in September, tied for the lowest since January 2021. Also, the five-year outlook fell to 2.7%, tied for its lowest since December 2020.
However, the overall sentiment gauge declined to 67.7, down from 69.5 in August and below the Dow Jones estimate for 69.2.CNBC Pro: China’s AI applications are coming — where it matters for monetization China's market advantage has been a huge user base, coupled with an ability to ramp up internet penetration to support an online ecosystem – from Taobao e-commerce sales to scan-to-ride bike shares.
"Early movers in the [large language model] market have already started the commercialization process, and regulatory approval for 10+ LLMs to open to the public has further cleared roadblocks to monetization," Nomura analysts said in a Sept. 10 note, citing meetings with businesses and industry experts in Beijing in the few days prior.
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