GLOBAL MARKETS-Asia stocks edge higher, dollar in the doldrums ...Middle East

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GLOBAL MARKETS-Asia stocks edge higher, dollar in the doldrums
source : Devdiscourse ( Middle East ) () 41
Asian stocks followed Wall Street higher on Monday while the dollar was pinned near five-week lows as investors wagered on an eventual slowdown in U.S. monetary tightening, albeit after sharp hikes in June and July. Helping to mellow the mood was news that Shanghai authorities will cancel many conditions for businesses to resume work from Wednesday, easing a city-wide lockdown that began two months ago.

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