The Traderszone Network

Published in TZ Latest News 21 April, 2015 by The TZ Newswire Staff

Asia shares rise as China market rallies, oil sags

Asian equities were mostly firmer on Wednesday with stimulus-fueled Chinese shares taking the lead, while oil sagged after Saudi Arabia ended its military campaign in Yemen, easing tensions in the energy-rich Middle East. Spread betters expected Britain’s FTSE (.FTSE), Germany’s DAX (.GDAXI) and France’s CAC to open mildly higher, taking their cue from gains in Asia. On Sunday, China’s central bank cut the reserve requirement ratio for the country’s lenders in the second reduction in two months.

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