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The Economic Times
The Economic Times
Business

Global Market Today: Asian stocks slip, oil up on peace doubts

SYDNEY: Most share markets slipped in Asia on Monday as doubts about the Middle East peace process sent oil prices and bond yields up again, leading investors to price in more risk of higher U.S. interest rates.

Sterling eased amid reports Prime Minister Keir Starmer was considering his political future, after rival Andy Burnham's decisive election victory ‌to parliament prompted ⁠more ministers in ⁠the governing Labour Party to call for him to go.

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