Global equity markets were mixed Monday as investors await key US inflation data this week that could offer guidance on interest rate cuts long sought by President Donald Trump.

Reports that semiconductor giants Nvidia and AMD would give Washington a 15-percent cut of the revenue from certain chip sales to China also bolstered expectations of a further pause on higher US tariffs against Beijing.

On Monday afternoon, US media reported that Trump had signed an order to delay the reimposition of steeper tariffs on Chinese products by another 90 days, citing Trump administration officials.

The White House did not respond to queries on the matter.

For now, it appears that investors are awaiting new US consumer price index figures. Adam Sarhan of 50 Park Investments warned that a cooler than

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