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Stocks rise as oil dips, yen wobbles ahead of BOJ
SINGAPORE: Asian stocks rose and the dollar held its ground on Friday as investors contended with global policymakers ramping up efforts to rein in inflation, with a dip in oil prices improving sentiment ahead of an expected rate hike from the Bank of Japan. Monetary policy response is in focus this week as the over six-month-long war in the Middle East shows few signs of ending, keeping oil prices above $100 per barrel and fanning inflation fears across the globe. Hopes of alternate ways for oil supply from the Middle East to reach markets pushed Brent crude futures down 1% to $103.77 a ba...
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