EMERGING MARKETS-Asian equities, FX gain as focus turns to U.S. inflation data - NewsBreak

* S.Korea's won, Philippine peso appreciate * Singapore shares hit 2-mth highs * India's Nifty 50 scales record high By Sameer Manekar Oct 13 (Reuters) - Singapore shares hit two-month highs on Wednesday as most Asian equities logged strong gains, with stocks in India scaling a record high to mark their fifth consecutive session of gains. Among currencies, South Korea's won and Philippine peso appreciated as the dollar eased from its near one-year highs with markets waiting for U.S. inflation numbers. The dollar index, which measures the greenback against six rivals, eased marginally to 94.356 from Tuesday, when it touched 94.563 for the first time since late September 2020. Investor focus turns to the U.S. September inflation numbers expected later in the global day to gauge the Fed's policy amid mounting inflationary pressures. "Expectations are for U.S. core inflation rate to remain elevated at 4% year-on-year, with any outperformance potentially providing further strength for the d