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International Business Times
International Business Times
Business
AFP News

Markets Rise As Traders Consider US Rate Outlook

Markets are on the rise but traders are keeping tabs on the Federal Reserve for an idea about its interest rate plans (Credit: AFP)

Asian markets rose Thursday with traders mulling the outlook for US interest rates as Federal Reserve officials questioned the need for a cut anytime soon.

Oil edged up after the previous day's losses, which were fuelled by data indicating softer demand in the United States and fading fears of a regional war in the Middle East.

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