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The Economic Times
The Economic Times
Business

Global Market Today: Asian shares mixed as investors await US jobs data

United States US Federal Reserve the Federal Reserve Interest Rates Australia Bonds

Oil rose as prospects for a lasting agreement to reopen the Strait of Hormuz remained elusive. Treasuries held their losses ahead of the key US jobs data report.

Brent rose 1.4% to $83.65 a barrel as tensions in the Middle East and a lack of clarity on a deal to reopen the crucial waterway lifted the commodity. Oil has climbed over 37% this year.

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