SYDNEY (Reuters) - Asian stocks were taking a breather on Monday after global equities enjoyed their best week in nine months on expectations the U.S. economy would dodge a recession and cooling inflation would kick off a cycle of interest rate cuts. The prospect of lower borrowing costs saw gold clear $2,500 an ounce for the first time and the...

* Asian stock markets: https://tmsnrt.rs/2zpUAr4 * Nikkei dips after big rally, Wall St futures up * Eyes on Fed minutes, Powell speech to support rate cuts * Gold above $2,500 on softer dollar, lower yields By Wayne Cole SYDNEY, Aug 19 (Reuters) - Asian stocks were taking a breather on Monday after global equities enjoyed their best week in nine...

TOKYO, Aug 19 (Reuters) - Japan's Nikkei share average fell on Monday, as investors tried to book profits after the index's five sessions of gains. As of 0009 GMT, the Nikkei index was down 0.6% at 37,828.03. The broader Topix was down 0.6% at 2,662.65. The Nikkei rose 8.7% last week, marking its biggest weekly rise since April 2020, amid...

SYDNEY (Reuters) - Asian stocks were taking a breather on Monday after global equities enjoyed their best week in nine months on expectations the U.S. economy would dodge a recession and cooling inflation would kick off a cycle of interest rate cuts. The prospect of lower borrowing costs saw gold clear $2,500 an ounce for the first time and the...