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Global markets face three simultaneous shocks

Global markets experienced a significant decline at the start of the trading week due to multiple pressures, including falling technology and artificial intelligence sector stocks. This coincided with a rise in oil prices driven by the military escalation in the Middle East between the United States, Israel, and Iran. Stock indices in Asia and Wall Street declined, with sharp drops in Samsung and Nvidia shares. Meanwhile, oil prices increased notably. Markets are also anticipating a potential rise in U.S. interest rates following strong labor market data. This comes amid concerns over ongoing geopolitical tensions and their impact on inflation and the global economy.

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