The Traderszone Network

Published in TZ Latest News 21 January, 2016 by The TZ Newswire Staff

Asia stocks up after ECB signals easing, oil extends rally

Asian stocks gained early on Friday, after the markets were given some breathing space when the European Central Bank hinted of more monetary policy easing, while crude oil extended an overnight rally. Japan’s Nikkei (.N225) bounced 3 percent to move away from a 15-month low struck Thursday and Australian shares (.AXJO) rose 0.9 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.9 percent.