The Traderszone Network

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

Futures down sharply as oil hits seven-year low

* The sharp drop in oil prices adds to investor uncertainty as the U.S. Federal Reserve prepares to raise interest rates for the first time since June 2006 at its meeting next week. * Investors are also awaiting U.S. data, which could cement expectations that the Fed is gearing up to hike rates at its Dec. 15-16 meeting.