The Traderszone Network

Published in TZ Latest News 2 June, 2015 by The TZ Newswire Staff

Asia stocks subdued, euro and Aussie stand tall

A spike in U.S. and German debt yields reduced the appetite for riskier assets to keep Asian share markets subdued on Wednesday, while the euro held gains made on upbeat euro zone inflation data and on hopes that Greece will reach a deal with creditors. The Australian dollar rallied after strong GDP data further cooled prospects of a near-term interest rate cut. Japan’s Nikkei (.N225) lost 0.3 percent and Australian shares (.AXJO) shed 1.1 percent.