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Australian shares ended higher on Tuesday, buoyed by gains in the mining and energy sectors, a day after BHP Group and Woodside Petroleum gave the final sign-off on their $12 billion Scarborough LNG project.

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Saudi Arabian shares closed higher on Tuesday, snapping three straight sessions of losses, while major Gulf stock markets ended the day mixed.

Asia's cash premiums for benchmark 10 ppm gasoil and jet fuel cargoes edged higher on Tuesday on continued signs of improving demand and tight regional inventories.

The lira slumped 8% to a record low of 12.49 versus the dollar on Tuesday on intensifying worries about Turkey's unconventional monetary policy, while Russia's rouble recovered but worries about a war with Ukraine kept it at four-month lows.

Sri Lankan shares rose more than one percent for a second straight session on Tuesday, driven mostly by gains in financial stocks.

Hungary's forint fell to a record low against the euro on Tuesday, while Hungarian government bond yields jumped, as a surge in COVID-19 cases and expectations for further interest rate hikes by the Hungarian central bank added to global woes.

The dollar index reached new 16-month highs and its strongest in more than four years versus the yen after Federal Reserve Chair Jerome Powell was picked for a second term, reinforcing market expectations that U.S. interest rates will rise in 2022.

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

Rep. Boebert Introduces Bill to Prevent Proposed \0,000 Payments to Illegal Immigrants by JORDAN DIXON-HAMILTON 22 Nov 2021 Rep. Lauren Boebert (R-CO