The Traderszone Network

Published in TZ Latest News 15 July, 2015 by The TZ Newswire Staff

Asia shares tip-toe higher, dollar up on Yellen’s remarks

Most Asian shares edged up on Thursday after Greece approved a bailout plan and brought mild relief, while the dollar stood tall as Federal Reserve Chair Janet Yellen reinforced expectations for a U.S. rate hike. Spreadbetters expected a higher opening for Britain’s FTSE (.FTSE), Germany’s DAX (.GDAXI) and France’s CAC (.FCHI) after the Greek parliament approved a bailout plan that further lessens the likelihood of Athens exiting the euro zone. Japan’s Nikkei (.N225) rose 0.7 percent, Australian shares (.AXJO) were up 0.6 percent South Korea’s Kospi (.KS11) also 0.6 percent.