Rising interest rate hopes lift US stocks
China has revealed the discovery of 200 new mineral deposits expected to be utilized in its explorations until 2025, reinforcing expectations of increased production and achieving self-sufficiency in essential minerals for various industries. This comes at a time when oil markets are heading toward a downturn, with signs of upcoming agreements between producer countries emerging, while expectations of interest rate hikes are boosting gains in the American stock markets. Meanwhile, the UAE continues rescue operations in Nepal, where a search team has found 10 missing persons, and gold prices in the local market have risen slightly.
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