asian shares today

Asian shares join global rally on softer-than-expected U.S. inflation

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Asian shares join global rally on softer-than-expected U.S. inflation

Asian shares tracked Wall Street higher on Thursday after a softer-than-expected U.S. inflation report encouraged bets of less aggressive rate hikes from the Federal Reserve, while the dollar remained bruised after its biggest plunge in five months. U.S. consumer prices were unchanged in July compared with June, when they rose a monthly 1.3%. The July … Read more

Asian shares track Wall Street losses ahead of U.S. inflation data

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Asian shares track Wall Street losses ahead of U.S. inflation data

Asian shares fell and the dollar steadied on Wednesday as investors waited for a key U.S. report on inflation to provide hints to the Federal Reserve‘s plans for future monetary tightening. The Consumer Price Index (CPI) report will be released later today, with markets watching for signs that inflation eased in July despite last week’s … Read more