The Traderszone Network

Published in TZ Latest News 12 October, 2015 by The TZ Newswire Staff

Asian shares slip from two-month high, oil regroups after slide

Asian shares stepped back from two-month highs on profit-taking on Tuesday and oil prices regrouped after Monday’s big fall, while the dollar was on the defensive as expectations of an imminent U.S. rate hike receded. MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.2 percent in early trade from their two-month high touched on Monday, though it was still up 8.6 percent so far this month. Japan’s Nikkei (.N225) fell 0.6 percent.