Tuesday, 18 December 2018

Asia braces for Fed as plunge in oil boosts bonds

MSCI’s broadest index of Asia-Pacific shares outside #Japan gained 0.2 percent in hesitant early trade. Japan’s Nikkei eased 0.1 percent, while E-Mini futures for the S&P 500 inched up 0.17 percent.

AsianShare markets played second fiddle to bonds on Wednesday as a spectacular fall in the price of oil fanned speculation the #US Federal Reserve might be done with tightening after its policy meeting later in the day.
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