The Traderszone Network

Published in TZ Latest News 9 October, 2014 by The TZ Newswire Staff

Asian shares, oil prices tumble on growth worries

Asian shares shuddered and Brent crude oil prices tumbled to their lowest since 2010 on Friday after weak German export data raised fears that Europe’s economic woes could drag down the global economy. Many investors fear that the U.S. “The global economy continues to recover moderately. MSCI’s broadest index of Asia-Pacific shares outside Japan shed 1.5 percent, leaving it down 0.8 percent for the week.