The Traderszone Network

Published in TZ Latest News 16 March, 2015 by The TZ Newswire Staff

Asian shares rise on bets Fed may stay cautious

Asian shares rose on Tuesday, following Wall Street’s lead, as investors speculated that weaker-than-expected U.S. data could prompt the Federal Reserve to express caution this week on the timing of a future rate hike. “Although the ECB is giving the bulls a strong impetus to take markets higher, there’s a natural reticence to do so just ahead of the Fed meeting where they may set markets up for a June rate hike,” Jonathan Sudaria, a dealer at Capital Spreads, said in a note.

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