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Global Stocks Near Highs, Oil Rebounds on Ceasefire Hopes

Global Stocks Near Highs, Oil Rebounds on Ceasefire Hopes

The global equity markets maintained their position near historical peaks during Wednesday because of decreasing geopolitical tensions and rising expectations about U.S. interest rate reductions. The oil market experienced a price increase which ended its three-day losing trend. The Middle East peace agreement between Israel and Iran remained stable thus minimizing the risk of wider regional confl ...
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