The Traderszone Network

Published in TZ Latest News 19 August, 2014 by The TZ Newswire Staff

Asian stocks steady on strong U.S. data, dollar holds gains

Asian stocks were steady on Wednesday after strong U.S. Global equities have attracted funds in recent sessions on expectations major central banks, including the U.S. Federal Reserve, will continue to retain their easy money policies for a while. Wall Street drew support from robust housing data on Tuesday, which pushed up Treasury yields and drove the dollar to a nine-month high against the euro.