Tech Rally Lifts Asian Stocks; Dollar Firm on Rate-Hike Bets

Tech Rally Lifts Asian Stocks; Dollar Firm on Rate-Hike Bets

Technology stocks drove Asian markets higher on Tuesday, buoyed by lower oil prices and optimism over US-Iran talks. South Korea's KOSPI jumped nearly 2%, Taiwan shares rose 1.3%, and China's blue-chip index gained 0.75%. The dollar held near a seven-week high on expectations of further rate hikes, while the yen hovered near a three-week low.

Source: Reuters

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