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XM Australia CEO, Peter McGuire, cautions traders to brace for market volatility in the coming months, citing potential impacts of US-China trade tensions and President Trump's energy policies. McGuire suggests Brent crude prices could drop as low as $65 if geopolitical factors remain stable, driven by Trump's pro-fossil fuel agenda and the appointment of Chris Wright as energy secretary.
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Here's what Ameya Ranadive CMT CFTe, Sr Technical Analyst at StoxBox, recommends investors should do with these stocks when the market resumes trading today.
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Benchmark indexes advanced in Japan, South Korea and Australia, while futures climbed in Hong Kong. The Nasdaq 100 outperformed Monday after its longest rout since January, with Tesla Inc. rising 5.6% on a news report Trumps transition team have told advisers they plan to make a federal framework for fully self-driving vehicles one of the Transportation Departments priorities. Nvidia Corp., which reports results this week, fell.
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