Asian shares fell and the dollar firmed slightly as investors considered U.S. data showing stalled progress in slowing inflation. Rising geopolitical concerns also weighed on risk sentiment. Traders remained hesitant due to the U.S. Thanksgiving holiday. European bourses were set for a higher open, with investors focusing on the French markets and the fate of the new government. The lack of success in bringing inflation back to the Fed's target, along with the prospect of higher tariffs, could limit the scope for interest rate cuts next year.