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Home » GLOBAL MARKETS-Asia stocks fall as Wall Street rally stalls

GLOBAL MARKETS-Asia stocks fall as Wall Street rally stalls

    Asian shares fell on Thursday after Wall Street snapped a long winning streak, while Treasury yields were near five-month lows on hopes Britain's notably soft inflation reading would be echoed in looming U.S. price data. The equities rally, which had been driven by falling interest rates and the Federal Reserve's dovish turn, stalled on Thursday even after U.S. economic data that beat expectations initially turned the major indexes green. Investors on Thursday will be monitoring the Indonesian central bank's latest policy decision, consumer price inflation and trade figures from Hong Kong, and producer price inflation data from South Korea.

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