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Back Stock Markets
Rates no longer sole focus
The backdrop for risk assets remains
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The backdrop for risk assets remains fairly strong. The Nasdaq 100 closed Friday at a record high, the MSCI Asia-Pacific rose by about 1%, Japan's Nikkei 225 climbed by 2%, and Taiwan Semiconductor added 3%. December Brent eased by roughly 0.5% to $101.75 after Saudi Arabia cut prices on its baseline grade for Asia. The chain is clear: cheaper oil reduces inflation fears and calms equity markets. The theoretical winners are energy importers such as Europe and Japan. US labor data
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Jakub Novak,
Analytical expert of InstaForex
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