Asian shares have fallen after Wall Street snapped a long winning streak, while Treasury yields were near five-month lows on hopes Britain's notably soft inflation reading would be echoed in looming US price data. The equities rally, which had been driven by falling interest rates and the Federal Reserve's dovish turn, stalled on Thursday even after US economic data that beat expectations initially turned the major indices green. A far steeper-than-expected decline in British inflation also took markets by surprise. "Three US benchmark averages sharply retreated in the late session after hitting their respective intraday highs,…
Asian stocks fall as Wall Street rally stalls
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