The Traderszone Network

Published in TZ Latest News 7 December, 2015 by The TZ Newswire Staff

Oil price rout hits energy shares, dollar firm

Asian stock markets teetered near their weakest levels in three weeks on Tuesday, as a rout in oil prices to near seven-year lows knocked global energy company shares and commodity currencies. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.4 percent, erasing all the gains made so far this month, with resource-heavy Australian shares (.AXJO) leading decline with a fall of 0.9 percent.

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