Asia markets range bound as ECB officials hint at rate cut, Australia retail sales on deck

Australia’s retail sales for April will be released today, as well as numbers for Japan’s services producer price index.

European Central Bank officials signaling that rate cutsMonday, Olli Rehn, ECB governing council member and head of Finland's central bank, stressed inflation in the euro area was falling in a"sustained way." He added:"The time is thus ripe in June to ease the monetary policy stance and start cutting rates.","Barring major surprises, at this point in time there is enough in what we see to remove the top level of restriction.

The firm, which makes artificial intelligence systems and graphics processing unit servers, was the hot new AI play. Its fortunes are tied to Nvidia's, with which it has a partnership. The global semiconductor industry is set to experience"groundbreaking changes," Citi said, naming stocks to play the theme."

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