The rally in oil prices lifted Wall Street. The positive sentiment is carried forward to Wednesday, with shares in Asia Pacific mainly higher. Wall Street gained with the DJIA and S&P 500 indices adding +0.47% and +0.15% respectively. Nasdaq gained +0.31% despite the selloff in tech shares, led by the -2.6% decline in Facebook shares on US Federal Trade Commission’s investigation of the company’s practice of using personal data.
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All Eyes on FOMC’s Dot Plot. Transition Deal and Softer CPI Sent Mixed Message to BOE’s Policy Outlook
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