Most Asian markets fall as traders consider Fed rate cut
The seizure of British tanker by Iran in the highly sensitive Strait of Hormuz has raised fresh concerns about supplies of oil, sending prices rising (AFP Photo/Hasan Shirvani)/ Most Asian markets fell in early trade Monday on dimming hopes for a deep interest rate cut by the Federal Reserve, but all the firms on a new tech-focused board in China rallied on its opening day. Oil prices extended last week's gains after Iran seized a British tanker in the Gulf, fuelling fresh concerns about supplies and a possible conflict in the tinderbox ...
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