Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies. Asian stocks slump, dollar shines as inflation fears flare MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.85% Hot U.S. inflation drives dollar to 2021 peaks The euro was pummelled down 1% and through major support to $1.1476, its lowest since July 2020 Oil prices steady after falling on signs U.S. may release more reserves Brent crude futures gained 18 cents, or 0.2%, to $82.82 a barrel Gold consolidates as U.S. inflation surges Spot gold was little changed at $1,850.00 per ounce Gain a deeper understanding of financial markets with Eikon. Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here. © ZAWYA 2021