Stocks Fall in Asia Ahead of Key Rate Decisions, Crypto Rallies While Oil Edges Up
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South Korean stocks fell 2%, leading losses in Asia-Pacific ahead of China trade data and RBA rate decision.
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Australia's central bank expected to raise cash rate 25 basis points to 4.35% at policy meeting.
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Cryptocurrencies like ether, litecoin, XRP rose after ether hit $1,900 over weekend for first time since July.
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Oil prices edge up as Saudi Arabia, Russia confirm output cuts; sanctions loom against Iran.
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BCA Research says Fed is finished hiking rates although outlook uncertain, recession likely in 2023.