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Nikkei Gains as Semiconductors Rise
Oil prices rose after the escalation in the Middle East, despite expectations of a US interest rate hike that put pressure on the dollar. It is worth noting that the Nikkei index increased, supported by gains in electronic chip stocks. Meanwhile, the shipping market in the Strait of Hormuz is experiencing a decline to its lowest level since May, amid reports of the impact of geopolitical tensions on global markets.
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