Stocks down with eyes on Middle East, dollar hit by Trump Fed comment


HONG KONG: Most stocks fell Thursday (June 26) and oil rose as traders kept a nervous eye on the Iran-Israel ceasefire, while the dollar dropped after Donald Trump said he had a handful of candidates to succeed Federal Reserve boss Jerome Powell, fuelling rate cut bets.

Uncertainty over the US president's trade war was also keeping sentiment subdued, with most countries still not reaching deals with Washington to avert the reimposition of steep tariffs ahead of a July 9 deadline.

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Asian , equities , June 26

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