The Traderszone Network

Published in TZ Latest News 23 December, 2015 by The TZ Newswire Staff

Asian shares at two-and-a-half-week high, crude oil rebounds

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.7 percent after U.S. stocks posted their third straight session of gains. Now that this month’s U.S. Federal Reserve interest rate hike is out of the way, investors were left to ponder how much tightening the Fed has in store for 2016, as well as the impact of the hike on the rest of the world. “The mood is dependent on moving oil and commodity prices following the Fed meeting,” said Bae Sung-young, a stock analyst at Hyundai Securities.