Morning Bid: US inflation cheer gives stocks best week this year

News Snapshot:

July 14 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian equities are on course Friday to round off their best week this year on a high, after the latest sign that U.S. inflation is slowing cemented hopes that Federal Reserve rate hikes are almost over and triggered a strong rally across world markets. Investors cheered the smallest increase in U.S. factory gate inflation in nearly three years, a day after figures showed U.S. consumer price inflation slowed for a 12th month in a row to its lowest annual rate in...