Asia shares shaky, oil recovers after slump on OPEC export rise

Asian shares were tentative on Thursday after minutes from the Federal Reserve’s last meeting showed a lack of consensus on the future pace of interest rate increases, while oil prices inched higher following the previous day’s steep declines.

MSCI’s broadest index of Asia-Pacific shares outside Japan was little changed early on Thursday.

Japan’s Nikkei slipped 0.15 percent.

South Korea’s KOSPI was flat, while Australian shares dropped 0.15 percent. In Asia, trading over the past few days has been buffeted by tensions in the Korean peninsula after North Korea fired a missile into Japanese waters.

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Posted in: Indian Market Tips