April 18, 2024 1:34 PM

GLOBAL MARKETS-Asia stocks bounce as soaring dollar pauses

Asian stocks made their biggest gains in a month on Thursday, while the dollar took a breather and bond markets steadied as investors stepped back to assess the interest rate outlook. Oil found support following its sharpest fall in two-and-a-half months on demand worries and the lack, so far, of an obvious Israeli or U.S. response to Iran's weekend attack on Israel. Analysts do not expect dramatic new sanctions on oil from Iran, which comprises about 3% of global output. MSCI's broadest inde...