The Traderszone Network

Published in TZ Latest News 18 June, 2015 by The TZ Newswire Staff

Asian shares edge higher after Fed vote, China, Greece eyed

“This removes a source of uncertainty for Asian markets in the near term and should be a positive factor going ahead, though the Greek factor will temper any optimism, ” said Stephen Chiu, a strategist at Mitsubishi UFJ Financial Group in Hong Kong. A moderate recovery in the U.S. economy in previous months had raised concerns the Federal Reserve would strike a hawkish stance at Wednesday’s meeting, but its cautious tone sparked a sense of relief and prompted investors to snap up risky assets.

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