The Traderszone Network

Published in TZ Latest News 19 August, 2015 by The TZ Newswire Staff

Asian shares slide; dollar loses edge on Fed minutes

Concerns about slowing growth in China sent Asian shares to two-year lows and pressured oil prices on Thursday while minutes from the U.S. Federal Reserve’s July meeting dented expectations for a rate hike in mid-September. MSCI’s broadest index of Asia-Pacific shares outside Japan shed 1.1 percent, with Hong Kong’s Hang Seng Index (.HSI) falling as much as 2.0 percent at one point to an 8-month low. Japan’s Nikkei (.N225) fell 0.7 percent.