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Agence France-Presse (AFP)

Asian Markets Track Wall St Rally On US Jobs Data

United States Middle East Oil Iran Joe Biden Israel Missile

The Japanese yen has tumbled more than 10 percent against the dollar this year. (Credit: AFP)

Asian markets rose Monday after a blockbuster US jobs report soothed any concerns about the world's top economy, while the dollar held gains with traders scaling back bets on another bumper interest rate cut.

Oil prices rose as traders await Israel's response to Iran's missile barrage last week amid fears of a region-wide war in the Middle East.

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