LONDON — World stocks markets edged away from one-year peaks on Tuesday as a stellar rally stalled, while the dollar hit a one-month low against the yen as recent weak US economic data were expected to limit the scope for a near-term rate hike.Asian shares rose to a one-year peak, lifted by a rise in US stocks to record highs a day earlier and the expectation that monetary policy around the world will remain lower for longer than anticipated to support growth.Monetary easing by central banks and a rebound in oil prices have bolstered world stocks, with markets in the US, Europe and Asia outside Japan up about 10% since late June.But, in a sign that the rally in world shares was losing momentum, Chinese stocks pulled back from seven-month highs following a sharp correction in bank shares and Japan’s Nikkei fell more than 1.5% to its lowest level in just more than a week as the yen firmed.European shares opened broadly lower, edging away from Monday’s seven-week highs as markets in Lo...
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