Stocks stalled as oil fuels inflation nerves - NewsBreak

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By Frank in Business
Updated 2 years ago

SYDNEY (Reuters) - Asian stockmarkets were becalmed on Wednesday as surges in oil and Chinese factory prices added to worries that a hot U.S. inflation reading could renew pressure on policymakers to lift interest rates. U.S. crude futures rose 1% to a two-week high of $84.97 a barrel in early...

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