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Asian Stocks, Bonds to Drop on Oil, Inflation Woes: Markets Wrap

Asian stocks and bonds were set for declines after a surge in oil prices sparked a selloff in US markets, while the latest inflation data reinforced bets on an imminent Federal Reserve rate hike.

Asian Stocks, Bonds to Drop on Oil, Inflation Woes: Markets Wrap
Bloomberg Verified Source

Reported by Toby Alder · Syndicated via official news feed

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