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Shares in the technology sector across Asian markets rose, led by a wave of optimism supported by easing oil prices and expectations of a diplomatic breakthrough between Washington and Tehran. Meanwhile, the dollar continued to hold steady at its highest level in seven weeks, buoyed by a 56% chance of a U.S. interest rate hike in October. The Japanese market also remained stable and showed improvements in its indices as investors awaited a summit between Trump and Xi to enhance cooperation. Additionally, steady Brent oil prices and Trump's hint at the possibility of meeting with the Iranian president in New York contributed to boosting risk appetite.
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