Asian shares end lower as oil prices and yields spark inflation concerns
Asian stocks ended lower on Thursday, with rising oil prices and bond yields fueling inflation concerns. The U.S. dollar index was subdued in Asian trade, while gold held firm above $4,400 an ounce ahead of key U.S. PPI and CPI data.
Asian stocks finished lower on Thursday as higher oil prices and bond yields stoked inflation worries and questions over the Federal Reserve's rate path. S. S. PPI and CPI data due later.