The Traderszone Network

Published in TZ Latest News 18 January, 2016 by The TZ Newswire Staff

Asia stocks subdued after retreat in Europe, oil stays bearish

Asian stocks were subdued early on Tuesday following a retreat in European shares overnight, while crude oil prices remained bearish following the lifting of sanctions against major producer Iran. Asia had no leads from Wall Street as the U.S. markets were closed on Monday for Martin Luther King Day. European bank shares took a hit after the European Central Bank said it would quiz euro zone lenders about high levels of bad loans.