# Asian stocks rise as Wall Street gains and falling oil ease inflation worries

> Oil prices drop, Asian stocks climb as inflation fears ease
- Title: Asian stocks rise as Wall Street gains and falling oil ease…
- Summary: Oil prices drop, Asian stocks climb as inflation fears ease Falling oil prices and Fed rate hikes reduced inflation concerns, boosting Asian markets
- Keywords: asian stocks, wall street, oil prices, inflation worries, bank of japan, fed rate hike, crude shipments, west texas intermediate, dow jones, hang seng index, news, world
- Source: Malay Mail — https://malaymail.com/news/money/2026/09/18/asian-stocks-rise-as-wall-street-gains-and-falling-oil-ease-inflation-worries/235608
- Published: 2026-09-18T10:44:10+00:00
- Read time: 1 min
- Topics: asian stocks, wall street, oil prices, inflation worries, bank of japan, fed rate hike, crude shipments, west texas intermediate, dow jones, hang seng index, news, world
## Oil prices fall
Crude prices dropped 5% from recent highs as Saudi Arabia restored oil shipments after pipeline disruptions

> Crude prices, which had soared around a fifth in September, have fallen around five per cent from recent highs
## Asian stocks climb
Tokyo, Hong Kong, and Shanghai indices rose 0.7-0.9% as inflation concerns eased

> Seoul, Tokyo, Hong Kong, Shanghai, Sydney, and Taipei all advanced though there were small losses in Singapore, Wellington, and Manila
## Fed rate hike impact
The Federal Reserve's recent borrowing cost increase calmed traders worried about inflation spikes

> The Federal Reserve’s hike in borrowing costs this week provided some relief to traders concerned that policymakers were not moving quick enough to address a spike in inflation
## Bank of Japan decision
Investors expect a 25-basis-point interest rate hike from the Bank of Japan ahead of the announcement

> On currency markets the yen slipped against the dollar ahead of the BoJ announcement, which is widely expected to be a 25-basis-point hike in interest rates
## Oil pipeline disruptions
Saudi Arabia's East-West pipeline was disrupted by Yemen's Iran-backed Houthi rebels

> The conduit, even more important since the effective closure of the Strait of Hormuz by Iran, was shut last week after being targeted by Yemen’s Iran-backed Houthis
## Oil price impact
West Texas Intermediate crude dropped below $100 for the first time since Friday

> West Texas Intermediate dipping below US$100 (RM409) for the first time since Friday
## Market reactions
The 10-year US Treasury bond yield fell below 5% as inflation worries eased

> The latest moves in oil and the Fed’s action reassured investors and kept the 10-year US Treasury bond yield back below five per cent
## Key takeaway

Falling oil prices and Fed rate hikes reduced inflation concerns, boosting Asian markets