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Market Impact: 0.55
Asian Stocks Set for Declines as Oil Extends Gains: Markets Wrap
Source: Bloomberg
InflationMonetary PolicyEnergy Markets & PricesInterest Rates & YieldsEconomic DataMarket Technicals & Flows
Asian stocks were set to fall as surging oil prices lifted bond yields, raising concerns that renewed inflation could push central banks toward tighter monetary policy. Higher yields and inflation fears are likely to pressure risk assets and financial conditions more broadly.
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