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Asia stocks rally stalls as Wall St loses steam, dollar sags

Reuters  |  TOKYO 

By Shinichi SaoshiroTOKYO (Reuters) - Asian stocks stalled on Tuesday as Wall Street shares lost steam, while the dollar sagged on the back of declining U.S. yields.Investors were focused on U.S. inflation data due later in the day (1230 GMT) for clues on the pace of Federal Reserve interest rate rises this year.MSCI's broadest index of Asia-Pacific shares outside Japan was little changed by mid-morning. The index had surged 1.5 percent on Monday following firm U.S. jobs numbers on Friday, while low wage growth eased concerns about inflation and faster central bank rate hikes.But a mixed ...

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First Published: Tue, March 13 2018. 08:13 IST
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