Wednesday, 2 December 2015

ASIAN MARKET NEWS 03 DECEMBER 2015

Japan's Nikkei lost 0.2 percent and Australian shares fell 0.5 percent. Yellen said on Wednesday she was "looking forward" to a US interest rate hike that will be seen as a testament to the economy's recovery from recession. Yellen's comments came at a time when expectations for Fed deciding to hike rates at its December 15-16 policy meeting had been slightly shaken by poor manufacturing data released earlier in the week.

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