The Traderszone Network

Published in TZ Latest News 28 October, 2015 by The TZ Newswire Staff

Asia stocks slip, dollar strong as Fed opens door to Dec hike

TOKYO/SINGAPORE (Reuters) – Asian shares fell and the dollar stood tall on Thursday, after the U.S. Federal Reserve revived market expectations that it might still be on track to raise interest rates by year-end. While Wall Street ended a volatile session with solid gains, apparently underpinned by the Fed’s vote of confidence in the U.S. economy, MSCI’s broadest index of Asia-Pacific shares outside Japan extended losses to 1 percent.

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