The Traderszone Network

Published in TZ Latest News 10 December, 2015 by The TZ Newswire Staff

Asia stocks head for weekly loss as commodity rout saps confidence

Asian shares edged higher on Friday but remained on track for a weekly loss as lower crude prices kept markets on edge after a broad rout in commodities heightened fears about receding global growth. A supply glut in oil markets, cooling growth in the world’s biggest commodities consumer China and prospects of an interest rate increase in the United States next week have made for a tense trading backdrop across most asset markets.

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