Energy Markets
Asia stocks rise, bonds fall when traders look at odds of a bigger Fed cut
Asian stocks followed Wall Street higher Wednesday, and safe-haven bond prices fell. Traders increased their bets on the possibility that a softening U.S. labor market would prompt the Federal Reserve to lower rates by at least one quarter point next Monday. S&P 500 Futures rose 0.3%, while STOXX50 futures in Europe gained 0.2%. The dollar is little changed after two days of crucial U.S. inflation data, which will begin later on Wednesday and continue until the Fed's September 17, decision. After Israel's attack against Hamas leaders in Qatar, crude oil prices continued to rise. Geopolitical concerns remained at the forefront...