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Tuesday, November 22, 2016

Asian stocks ride Wall Street rally, oil extends gains




Asian stocks rose on Tuesday in the wake of solid gains in US markets overnight, while the Japanese yen briefly strengthened after a powerful earthquake rocked northern Japan.


Oil extended gains in Asian trading with US West Texas Intermediate (WTI) up 0.73 percent in early deals as the dollar pulled back. Prices surged 4 percent to a three-week high on Monday.





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