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Asian stocks slump as traders dial back rate cut bets

By Inquirer - 10 months ago
SINGAPORE  —Asian shares fell on Monday and the dollar climbed after a robust U.S. jobs report dashed any expectations of a near-term interest rate cut from the Federal Reserve, while stocks in China stocks remained on the back foot on weak sentiment. Oil prices were tentative following fresh strikes in Tehran-aligned factions in Iraq, Syria

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