Dollar soars on upbeat U.S. data but Asian stocks wobble

HONG KONG (Reuters) – The dollar strengthened through key resistance levels on Wednesday, propelled by better-than-expected U.S. retail data, although the upbeat news was not enough to lift Asian shares, which were dragged by worries about COVID-19 and higher costs.FILE…

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Stocks stalled as oil fuels inflation nerves

SYDNEY (Reuters) – Asian stockmarkets were tugged lower by fresh concern about the solvency of China’s property developers on Wednesday, while a surging oil price added to worries that a hot U.S. inflation reading could renew pressure on policymakers to…

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Stocks guarded ahead of U.S. inflation test

SYDNEY/MILAN (Reuters) – World shares steadied near record peaks on Monday as risk assets found support from an upbeat U.S. October payrolls report, but they face another test later in the week from a reading on U.S. inflation.FILE PHOTO: A…

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Asia stocks mixed, U.S. inflation test looms

SYDNEY (Reuters) – Asian share markets were mixed on Monday as risk assets found support from the upbeat U.S. October payrolls report, but faced another test later in the week from a reading on U.S. inflation that could spook the…

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