Market Cautiously Awaits FOMC Meeting

Posted March 19th, 2018 by JeffrySmartt and filed in General News

Stock markets firmed in Asian session, carrying forward Wall Street’s strength last Friday as a jump in oil prices lifted oil stocks. The firing of the US Secretary of State, Rex Tillerson has raised concerns about the outlook of the Iran nuclear deal. Renewed sanction over Iran might limit the country’s oil exports. It would also reduce oil investment in the resource-rich nation.

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Market Cautiously Awaits FOMC Meeting

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