The Traderszone Network

Published in TZ Latest News 6 September, 2015 by The TZ Newswire Staff

Asia slips after Wall Street slide, China markets awaited

Asian stocks weakened on Monday, taking early cues from Wall Street’s slide after the August jobs report failed to give a clear view on the Federal Reserve’s interest rate hike, while participants also nervously awaited the restart of Chinese financial markets following the long weekend. The dollar was significantly weaker against the safe-haven yen in wake of the instability in global markets and dipped against the euro as well. Japan’s Nikkei (.N225) lost 0.7 percent while South Korea’s Kospi (.KS11) and Australian stocks (.AXJO) both shed 0.1 percent.