The Traderszone Network

Published in TZ Latest News 22 December, 2015 by The TZ Newswire Staff

Asian shares inch up, oil rout pauses

Asia shares edged higher on Wednesday following a modest bounce on Wall Street, while the dollar drifted lower and oil found some relief from recent relentless selling. MSCI’s broadest index of Asia-Pacific shares outside Japan ticked up 0.4 percent to the highest in almost two weeks. The data cupboard was also bare for Asia, leaving investors waiting on a hefty helping of U.S. figures covering personal incomes and spending, inflation and durable goods orders.