The Traderszone Network

Published in TZ Latest News 10 March, 2015 by The TZ Newswire Staff

Asia stocks fall as risk aversion prevails, dollar soars

Asian stocks fell to a two-month low on Wednesday as nervous markets recoiled on worries about an earlier U.S. interest rate hike, while such a prospect helped send the dollar to a 12-year high against the euro. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.3 percent after touching its lowest since January. Riskier assets both in the United States and elsewhere have come under pressure after Friday’s robust U.S.

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