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Asian shares jump as investors eye end to Fed hikes, China stimulus
sian shares bounced and the safe-haven dollar edged lower on Tuesday as investors hoped this week's U.S. inflation data supports an imminent end to rate hikes and cheered the prospect China will deliver economic stimulus to prop up stalling growth. Markets are awaiting U.S. inflation data due Wednesday to see if price pressures are continuing to moderate, which could provide clues on the interest rate outlook. Early in the Asian trading day, MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7 per cent while U.S. stock futures, the S&P 500 e-minis, rose 0.06 per cent. Investors were digesting ... (full story)