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Amazon Helps Stocks Steady But Prospects For Rate Hikes Loom Over Markets
By Kanupriya Kapoor SINGAPORE (Reuters) – Asian equity markets fought for a footing on Friday, supported by an Amazon-led bounce in U.S futures, but oil’s rise to a seven-year high kept traders on edge over prospects that interest rates will rise to curb global inflationary pressures. MSCI’s broadest index of Asia-Pacific shares outside Japan ticked…