The Traderszone Network

Published in TZ Latest News 21 August, 2014 by The TZ Newswire Staff

Asian shares hitch a ride on Wall Street’s record

Still, investors were cautious ahead of a speech by Federal Reserve Chair Janet Yellen later in the day at the annual gathering of central bankers in Jackson Hole, Wyoming, which will be studied for any fresh signals about the timing of U.S. Investors “want to hold their positions until Yellen’s speech is over, and they may take profits after that,” said Norihiro Fujito, a senior investment strategist at Mitsubishi UFJ Morgan Stanley Securities.

read more