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World shares advance and oil prices fall as worries over inflation ease

World shares have advanced at the start of a busy week for U.S. economic updates. Easing worries over inflation have reduced the likelihood of another rate hike by the Federal Reserve. But gains were moderate overall in the absence of other market-driving news. Shares fell in France, but rose in Britain and Germany. Asian shares ended higher, with…

Sources (1)· Oct 5, 9:02 AM

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Asian shares are higher as easing worries over inflation reduce odds for another Fed rate hikeAsian shares have advanced at the start of a busy week for U.S. economic updates. Investors were encouraged by easing worries over inflation, which reduces the likelihood of another rate hike by the Federal Reserve. Markets were closed in Seoul and Shanghai on Monday for national holidays. U.S. stocks finished out last week near records after the latest…
The Atlanta Journal-Constitution3d agoWhole story →
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