Oil rises following 4% increase
The Nikkei indices rose, supported by new "Meta" devices powered by artificial intelligence, while gold prices declined due to expectations of a U.S. interest rate hike. The dollar's value surged to its highest level in two months amid inflation concerns. Business activities in India reached their highest level in three months, and Tunisia decided to purchase 200,000 tons of durum wheat and barley fodder, amid increasing expectations of interest rate hikes and their impact on the U.S. oil markets and refineries.
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