By Wayne Cole
SYDNEY (Reuters) – Major share markets turned hesitant in Asia on Monday, while the dollar and bond yields were on the wane ahead of inflation data that investors hope will pave the way for rate cuts in the United States and Europe.
Oil prices climbed 0.7% after Israel and Hezbollah traded rocket salvos and air strikes on Sunday, stirring worries about possible supply disruptions if the conflict escalated.
Brent rose 51 cents to $79.52 a barrel, while U.S. crude added 50 cents to $75.33 per barrel. [O/R]
Investors are also anxiously awaiting earnings from AI darling…
