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FILE PHOTO: Staff lower Chinese national flag in front of screens showing the index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. REUTERS/Tyrone Siu/File Photo
Asia rides Wall St rally, dollar sags on US inflation relief
The dollar remained on a downtrend, sagging to fresh multi-week lows against peers including the euro and sterling
Oil prices rise on moderate US inflation data, strong demand
Brent futures rose 42 cents, or 0.5%, to $83.17 a barrel
Dollar sags as slower US inflation boosts rate cut expectations
In Asia the battered yen extended a rebound into a second session
Gold prices edge higher as US dollar, yields soften
Spot gold was up 0.3% at $2,393.21 per ounce
US Stocks: Wall Street boasts record closes as inflation data fuels rate-cut bets
Consumer prices rise less than expected in April; core CPI slows
After Cambodia crypto scam, Indians demand more jobs at home
Scores of Indians rescued from Cambodian job scam centres
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