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Asian Markets Rise as Dollar stays steady
Technology led Asian stock markets higher on Tuesday, as oil prices stabilized and diplomatic prospects between Washington and Tehran improved, boosting risk appetite. Major indices like the MSCI Asia Pacific rose by 0.75%, with the Taiwanese market hitting a new record high. The dollar remained near its seven-week peak at 100.4 points, supported by a 56% chance of a Federal Reserve interest rate hike in October. Additionally, the stability of Brent crude and hints of a potential meeting between Trump and his Iranian counterpart helped bolster market optimism.
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