*Australia’s higher-than-expected inflation* Australia’s S&P/ASX 200 slipped 0.15% at 1:30 p.m. Singapore time, as the country’s consumer inflation rose a higher-than-expected 2.4% in April. ➡️ https://cnb.cx/4kdaatU *Rising Japanese bond yields pose dangers* Japan’s long-dated government bond yields have been moving higher. That could spark a wave in which Japan’s investors suddenly move their capital from the U.S. back home. ➡️ https://cnb.cx/43XmhVp *All eyes on Nvidia’s first-quarter earnings* With the Trump administration’s new restrictions on Nvidia’s exports to China, the mood heading into the chipmaker’s earnings report, out Wednesday, is different from that in recent quarters. ➡️ https://cnb.cx/3SVr18B *Stocks to be ‘rangebound’: JPMorgan* Despite the surge in U.S. stocks Tuesday, JPMorgan thinks the S&P 500 could “remain rangebound,” with those gains being short-lived because of two reasons. ➡️ https://cnb.cx/4kfP52j _Get the latest updates: https://bit.ly/CNBCiWhatsApp_