Equity Tips:- Resource Stocks Rally As Oil Surges, Bonds Suffer

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Resource stocks were on a roll in Asia on Thursday as oil prices hit heights not seen since late 2014, though the potential boost to inflation globally also pressured fixed-income assets.

 

Brent crude futures climbed another 34 cents in early trade to USD 73.82 a barrel, adding to a 2.7 percent jump overnight. US crude gained 30 cents to USD 68.77.

 

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