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Tag Archives: Markets fall again and oil rises on Middle East

Markets fall again and oil rises on Middle East, Fed fears


October 20, 2023

Asian markets fell and oil prices extended gains Friday on worries that an expected ground invasion of Gaza by Israel will spark a wider conflict in the Middle East. Risk aversion was compounded by Federal Reserve boss Jerome Powell, who indicated a pause in interest rates at the bank’s next meeting but left open the prospect of another hike later. Traders are …

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