If you aren't wrapping foil around your doorknobs when alone, you should start...* S. Korea won up 1.2%, stocks up 1.8% * Philippine peso down 0.4% * Thai c.bank says inflation will be higher than expected By Harshita Swaminathan June 27 - Most Asian currencies and stock markets moved higher as expectations of less hawkish moves from the U.S. Federal Reserve slightly eased fears of a global economic recession. Downward pressure on the Philippine peso persisted, however.
"Slowing growth is cheering the markets, as that suggests less tightening work for the Fed in its quest to stabilise inflation," analysts at DBS said in a note.* Expectations of rate hikes ease * Indonesia central bank flags incoming rate hikes * Philippine peso down 0.4%, bonds fetch higher rates * Thai central bank also hints at tightening * Nearly all major stock indices in green By Harshita Swaminathan June 27 - Asian currencies advanced on Monday as fears of accelerated U.
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