U.S. consumer prices rose 1.6 percent on an annual basis in March, missing market expectations, and inflation fell for a second straight day ahead of the federal reserve's interest rate decision.

U.S. stocks:

On Friday, the s&p 500 was up 0.11%, the dow was up 0.04% and the nasdaq was up 0.19%.

Asia-pacific equities：
 

Australia's ASX200 fell 26 points, or 0.4 per cent, to 6,359 on Monday (April 29). Utilities, industry, energy and finance led the decline, with 221m shares changing hands on Monday for a $4.78 billion.

In individual stock news, AHG Holdings LTD., an Automotive retail and logistics Group, announced that A.P. Eagers LTD. 's institutional offer Acceptance Facility, which involves the over-the-counter acquisition of all common shares of Automotive Holdings Group LTD.

Separately, the nikkei fell 0.22 percent, led lower by sectors such as electrical equipment, finance and investment, and auto and parts. The Shanghai composite index fell 0.77% to close at 3,062.50, a six-day losing streak. Hong Kong's hang seng index rose 0.97 per cent to 29, 892.81. Taiwan's weighted index fell 0.12 per cent to 10,939.06 and South Korea's KOSPI index closed 1.7 per cent lower at 2,216.43.

Overnight highlights:

On Monday (April 29) released the core personal consumption expenditures price index in March by the growing 1.6% a year, less than expected by growing 1.7% a year, at worst performance since 14 months, well below the fed's target of 2% set long-term inflation at the same time, inflation data underperforming make beauty means recorded before the federal reserve interest rate decision decline for two consecutive days, and sustain the rate cut expectations also push us equities.

Market hot spots:

Us trade representative Robert lighthizer and finance minister nuchin will visit China on Tuesday (April 30) to seek to finalize details of the deal and reach a final agreement in trade talks, it has been revealed.

China's official manufacturing PMI for April, released on Tuesday, came in at 50.1, below expectations of 50.7.

ANZ's consumer confidence index fell to 117.6 last week from 119.5 on Tuesday (April 30), while Australia's private sector lending rose 3.9 percent in March from a year earlier, falling short of expectations for a 4.0 percent increase.

Oil prices recovered $63 on Monday after the international monetary fund said the kingdom needed oil prices to average $85- $87 a barrel to balance its budget.

The United States wants Japan to open its agricultural markets further and increase exports of cars to Japan, but Japan has refused to make concessions on agriculture and the market is expecting the talks to go less smoothly than expected. More bad news could weigh on the nikkei.

How to effectively use fundamental analysis? Click here for the trilogy on mastering the core trading skills

Highlights on Tuesday (April 30) :

On Tuesday April 30th the euro zone will publish its first estimate of first-quarter GDP at an annualised rate; In the americas, U.S. manufacturing PMI data for April will be released in Chicago. The dovish statements from the world's major central Banks come as economic data from Europe and the United States will further test market expectations for global growth, and a weak reading could drag down global stocks.

Australia ASX200 technical analysis: 6400 has been unable to break through, alert to the medium-term callback launched

In terms of technical analysis, ASX200 was blocked by 6400 and fell close to the level of 6300. In view of the delay in breaking through the 6400, the upper resistance is strong, so it is necessary to pay attention to the important support in the area of 6300-6320 below. If it fails to effectively stabilize, it may indicate that the mid-term correction of ASX200 is expected to start.

If the ASX200 breaks above 6400 and effectively stabilizes in the short term, the market is expected to further rebound to challenge the 6,500. But if it fails to break through the resistance of 6400, we need to be alert to fall back test 6300-6320 regional support.

Nikkei technical analysis: wide shock, short - term or maintain high finishing

In terms of technical analysis, in view of Japan's 10-day break from April 27 solstice to May 6, the nikkei index maintained a high volatility pattern in the short term or maintained a high volatility pattern, and generally maintained a large volatility in the 22000-22400 region.

In the short term, if the nikkei index is blocked by 22400, it is expected to fall back to test the 22000 level. However, if the nikkei index loses 21900, it needs to be careful of further falling back to test the 21600 or even 21,300 level.