The Traderszone Network

Published in TZ Latest News 29 October, 2015 by The TZ Newswire Staff

Asian shares edge down as investors nervous over Fed path

Asian shares were down on Friday and on track for a weekly loss as investors grappled with the prospect of higher borrowing costs in the United States, as the Federal Reserve prepares to raise rates amid the backdrop of slowing global growth. The BOJ is likely to trim its forecasts but stand pat with financial markets stable and no clear evidence yet that overseas headwinds are damaging corporate sentiment, say sources familiar with its thinking.