Asian shares rally, dollar slides on bets Fed almost done hiking

News Snapshot:

Summary Hong Kong up 2.5% after Beijing urges support from tech cos Markets buoyant, ignoring dismal China trade data Dollar slips after worst daily drop since Feb, oil gains SYDNEY, July 13 (Reuters) - Asian shares and bonds rallied on Thursday while the dollar nursed heavy losses, as a surprisingly low reading on U.S. inflation reinforced bets the end of the post-pandemic tightening cycle is in sight. The buoyancy is set to extend to Europe when markets there open, with EUROSTOXX 50 futures gaining 0.2%. S&P 500 futures rose 0.2% while Nasdaq futures advanced 0.4%. Investors also shook off dismal...