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Asian Shares Decline On Interest Rate Concerns

Asian stocks tracked overnight declines on Wall Street to end lower on Friday as hawkish comments from a trio of Fed policymakers as well as rising oil prices spurred more uncertainty about the outlook for U.S. interest rates.

Gold fell from record highs as the dollar strengthened ahead of key jobs data due later in the day and inflation reports out next week. Oil headed for a second weekly gain due to a worsening conflict in the Middle East.

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by RTTNews Staff Writer

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