SINGAPORE—Asian stocks crept higher on Tuesday and the dollar lurked near a five-month low as cooling U.S. inflation bolstered bets the Federal Reserve would cut interest rates early next year.
Oil prices were mixed after both benchmarks—Brent crude and U.S. West Texas Intermediate crude— rose 3 percent last week in the wake of Houthi attacks on ships that disrupted global shipping and trade, as the Israel-Gaza conflict raged on.
