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Markets watchful: Asian shares flat; oil prices rebound on US demand, ceasefire relief
Asian equities showed mixed performance amid stabilising oil prices, as markets assessed easing geopolitical tensions and awaited US fiscal and trade policy cues. Investors remained cautious due to uncertainties surrounding Federal Reserve leadership and potential shifts in US interest rate policy. A fragile ceasefire between Iran and Israel supported market confidence, while speculation about Jerome Powell's future added to volatility.
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