Asian equities rose on Wednesday as weak U.S. labour data bolstered market expectations that the Federal Reserve would halt its interest rate hikes. In response, the dollar wobbled against major currencies. The rise in Asian equities was also driven by a third consecutive day of gains in China stocks. MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 0.86% to reach a two-week high. Investors are closely watching the Fed’s next move and its impact on global markets.