India, March 13 -- Asian stocks ended lower on Thursday despite softer U.S. inflation data bolstering the case for more Federal Reserve interest rate cuts this year.
Tariff worries kept investors on the edge after Canada and the EU swiftly retaliated against U.S. steel and aluminum tariffs and President Trump vowed to respond to the countermeasures.
Gold moved higher near its record peak as the dollar dipped and U.S. Treasury yields turned lower on concerns over a potential recession in the United States.
Oil prices eased after a surge in the previous session on data showing a larger-than-expected draw in U.S. gasoline stocks.
China's Shanghai Composite Index dropped 0.4 percent to 3,358.73 on trade worries and signs of deepening deflat...