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Asian shares rally as markets wager on Fed pivot; US inflation in focus

Asian shares rose on Thursday as markets wagered that U.S. rates have peaked after more dovish remarks from Federal Reserve officials, while traders awaited the U.S. consumer inflation report later in the day for further monetary policy clues. Overnight, Wall Street closed higher after Federal Reserve minutes showed a growing sense of uncertainty around the path of the U.S. economy, with volatile data and tightening financial markets posing risks to growth and leading policymakers to extend a rate pause last month. The recent buoyancy in sentiment also owe much to comments from more Fed officials suggesting rates there may have peaked, which triggered a welcoming pullback in Treasury yields. ....

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Asian Shares Rally as Markets Wager on Fed Pivot; US Inflation in Focus

Asian Shares Rally as Markets Wager on Fed Pivot; US Inflation in Focus
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