Asian Shares Rally as Traders Bet on Fed Pausing Rate Hikes After Dovish Remarks

Asian shares rallied on Thursday as markets bet the Fed will pause rate hikes after more dovish remarks from officials.
Traders awaited U.S. consumer inflation data due later Thursday for further monetary policy clues.
Markets moved to trim the chance of a Fed hike in November to just 9% from 13.2% a day earlier.
Long-dated Treasury yields eased for a third session, benefiting from safe-haven demand amid Middle East conflict.
Oil prices extended declines after Saudi Arabia pledged to help stabilize the market amid supply disruption fears.