Wednesday Outlook: Asian shares on the edge; dollar holds near one-year high

Investors await Chinese trade figures, U.S. CPI inflation data

  
A 3D printed oil pump jack is placed on dollar banknotes in this illustration picture, April 14, 2020.

A 3D printed oil pump jack is placed on dollar banknotes in this illustration picture, April 14, 2020.

REUTERS/Dado Ruvic/Illustration

Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.

Asian shares edgy amid inflation fears, dollar at one-year high
Chinese blue chips were flat, Australia eeked out a 0.06% gain, while Japan's Nikkei shed 0.2%

Dollar holds near one-year high amid bets for earlier Fed rate hike
The euro changed hands at $1.1541, well within sight of the previous session's $1.1522

Oil falls on fears inflation may dent fuel demand growth
U.S. West Texas Intermediate crude futures fell 71 cents, or 0.9%, to $79.93 a barrel

Gold steadies as investors await U.S. inflation data for taper cues
Spot gold was flat at $1,760.46 per ounce


 

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