CPI seen at multiyear highs as market gauges Fed rate hike pace
Global bond yields ease after surge to multiyear peaks
Currencies in holding pattern, gold hovers near twoweek top

TOKYO, Feb 10 Reuters A techfuelled global stocks rally cooled in Asia on Thursday as investors took a more cautious posture amid uncertainties around the outlook for inflation and interest rates.

World bond yields continued to ease from multiyear highs and the dollar trod water ahead of the closely watched U.S. inflation report due later in the day that should offer new clues on the pace of Federal Reserve interest rate hikes.

The performance in Asian stocks was sharply divided between Chinese equities and the rest of the region.

Chinese blue chips lost 0.75 and Hong Kong39;s Hang Seng retreated 0.41, as investors took profits and worries about U.S. sanctions continued to weigh on sentiment.

Taiwan39;s benchmark, however, jumped 0.80, while Japan39;s bluechip Nikkei was 0.31 higher.

MSCI39;s broadest index of AsiaPacific shares added 0.33.

U.S. futures pointed to a lower open, indicating a 0.28 retreat for the Nasdaq and a 0.23 decline for the SP , after Big Tech lifted Wall Street to solid gains overnight.

European futures were mixed, signaling a 0.04 easing for Britain39;s FTSE but a 0.06 increase for Germany39;s DAX .

We don39;t know how many U.S. rate hikes there are going to be this year, and I don39;t think the Fed knows either, and that39;s getting markets a little bit…