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Asian stocks rise, easing bets on a near-term US rate hike

Asian markets trade mostly higher after Wall Street’s overnight move. Traders scaled back expectations for an imminent US Fed rate hike this month following dovish comments from Fed Governor Christopher Waller.

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CANBERA (dpa-AFX) - Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as traders scaled back bets on an imminent interest rate hike by the US Fed this month following dovish comments from Fed Governor Christopher Waller, who sai…