Asian Stocks Set to Drop on Hawkish Fed Comments: Markets Wrap

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Asian stocks are set to fall in early trading after US shares and Treasuries extended this month’s selloff after solid economic readings and hawkish Fedspeak reinforced speculation that interest rates will remain higher for longer.

Asian Stocks Set to Drop on Hawkish Fed Comments: Markets WrapAI-Driven Power Demand Is Set to Jump 900% in Chicago Area, Exelon CEO SaysSaudi Arabia Needs Oil Price Near $100, IMF SaysOaktree Seeks $2.

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