CORRECTED-GLOBAL MARKETS-Asian shares at 21-month high, dollar soft on less hawkish Fed

Tue Mar 21, 2017 6:28am GMT
 

(Corrects milestone in story and headline to 21-month highs, not 15-month highs)

* U.S. bond yields ease, taking dollar with them

* Chicago Fed Evans says two more rate hikes likely this year

* Asia shares hit 15-month high

* Oil prices tick up on hopes of extended OPEC-led output curb

By Hideyuki Sano

TOKYO, March 21 (Reuters) - Asian shares hit 21-month highs on Tuesday while the dollar and U.S. bond yields were on the back foot on the prospect of a less-hawkish Federal Reserve policy trajectory.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent to 21-month highs, with tech-heavy Seoul and Taipei shares hitting two-year highs while Hong Kong's Hang Seng scaled 1 1/2-year highs.

Japan's Nikkei dropped 0.3 percent, weighed by financial stocks, which were hurt by lower U.S. yields and exporter stocks, which fell on the yen's gains against the dollar.   Continued...

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UK £ USD =1.2809
Euro USD =1.0888
Rand USD =0.0765