Asian shares crept higher on Monday as investors braced for a week where U.S. inflation data will test wagers the next move in interest rates will be down, while worries about a possible credit crunch weighed on the dollar.
EUROSTOXX 50 futures added 0.2%, while FTSE futures were closed for a holiday.upbeat results.
on the U.S. dollar last week. The euro was holding at $1.1034 on Monday, just short of its recent top of $1.1096. "Certainly it imposes more growth constraints and a greater stagflationary bias than for major competing economies."remains the only central bank in the developed world to not have tightened policy. The dollar stood at 134.82 yen , with the euro at 148.75 and not far from its recent 15-year peak of 151.55.
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