EMERGING MARKETS-Asian currencies climb as U.S. rate hike fears ease, peso pinched

* 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 (Reuters) - Asian currencies advanced on Monday as fears of accelerated U.S Federal Reserve interest rate hikes took a back seat, although a dovish Philippine central bank kept pressure on the peso.