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Asian stocks ease, US dollar firms amid rates shift

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Asian stocks have eased near two-and-half-year highs and the US dollar firmed following hawkish comments from Federal Reserve Chair Jerome Powell that scuppered bets of big interest rate cuts, while Mideast tension kept risk sentiment in check.

Oil prices were steady and gold traded just below a record high touched last week as investors await US labour data for more clarity on the pace of rate cuts.



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