The Traderszone Network

Published in TZ Latest News 11 October, 2015 by The TZ Newswire Staff

Asian stocks consolidate gains on cautious optimism, dollar wary

Asian shares edged higher on Monday, consolidating recent rises as late gains in Wall Street on Friday and a rebound in the commodities complex prompted some investors to hunt for bargains while the dollar struggled. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.1 percent in early deals, rounding off impressive 10 percent gains so far this month as investors unwound some of their long U.S. dollar and short commodities and emerging markets trade.

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