Asian shares follow firmer Wall Street

Singapore/New York — Asian shares tracked Wall Street higher on Thursday and the dollar was soft as easing core US inflation kept potential rate cuts by the Federal Reserve on the table, while the yen rose to a one-month high on rate hike bets. Oil prices rose after a larger-than-expected decline in US crude oil... read full story

"This report supports the view that the pricing out of rate cuts this year has gone a bit too far, and when the data turns lower again ... some extra easing will be put back on the table,"