Asia stocks set for best week of 2023, dollar reels on dovish Fed bets

News Snapshot:

TOKYO, July 14 (Reuters) - Asian stocks rose on Friday, on course for their best week this year, as a cooling in U.S. inflation stoked speculation that the Federal Reserve could pause rate hikes after this month. The dollar sank to a fresh 15-month low against major peers and U.S. Treasury yields languished near multi-week lows following the sharpest weekly drop in four months. Gold was poised for its best week in three months as the dollar floundered, while crude oil rose to the highest in nearly three months. While money market traders still see a quarter point bump to...