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Oil Gains Ahead of US CPI, Asian Tech Stocks Rise: Markets Wrap

Bloomberg Markets·August 11, 2026·1 min read

Crude oil climbed as traders remained wary about the prospects for a Middle East deal, tempering the mood ahead of crucial US inflation data. Technology shares powered gains in Asian equities. Markets are closely watching the upcoming US CPI report for further direction on interest rates and economic policy.

Read at Bloomberg Markets
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