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المشهد العربي
Emerging Market Stocks Climb on Stable News
Emerging stock markets have risen significantly, with the MSCI index returning to a recovery path with a 2.2% increase, and technology company shares climbing by over 5%. This surge was driven by the Chinese government’s announcement of a new initiative to support the technology sector, along with growing optimism regarding de-escalation in the Middle East following reports of efforts to reach an agreement between Tehran and Washington. Meanwhile, Brent crude oil prices continued to rise, surpassing $91 per barrel, with Goldman Sachs warning that the price could exceed $120 during the final quarter of the year if maritime traffic disruptions in the Strait of Hormuz persist.
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