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Dollar, U.S. yields gain, Asian shares held back by Delta worries

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Reuters

By Alun John HONG KONG (Reuters) – The dollar and U.S. yields extended gains in Asia on Wednesday, spurred by tapering talk, while Asian shares traded sideways on fears about the spread of the coronavirus despite a record close on Wall Street. The dollar index rose to its highest since mid July, gaining against the yen, while the euro neared year-to date lows against the greenback. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.08% in Asian trading, with Chinese bluechips down 0.38% Korea’s KOSPI down 0.37%. Improving U.S. economic data and a more hawkish tone from Federal R…

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