India, May 21 -- Asian stocks ended mostly higher on Wednesday, although Japanese markets underperformed as the yen continued to strengthen on BoJ rate hike bets and data showed Japanese export growth continued to decelerate for the second consecutive month.
The dollar dipped as investors fretted about the U.S. fiscal and economic outlook. Oil prices jumped over 1 percent after reports emerged that Israel is preparing a strike on Iranian nuclear facilities, a development that might disrupt oil supplies.
Gold rallied to a 1 1/2-week high near $3,320 per ounce amid U.S. fiscal uncertainty as President Donald Trump's sweeping tax bill inches through Congress.
Chinese shares eked out modest gains as Morgan Stanley raised its Chinese GDP fore...