The Traderszone Network

Published in TZ Latest News 10 September, 2014 by The TZ Newswire Staff

Asian shares tread cautiously after Obama speech

President Barack Obama vowed to fight Islamic State militants, while the dollar pulled away from six-year highs against the yen. Obama told Americans in a speech late on Wednesday that he had authorized U.S. He said he would hunt down Islamic State militants “wherever they are.” While overnight gains on Wall Street underpinned shares, the risk-averse mood helped push MSCI’s broadest index of Asia-Pacific shares outside Japan edged down slightly.