Sunday, 27 December 2015

ASIAN MARKET NEWS 28 DECEMBER 2015

Japan's Nikkei was also up 0.1 percent. The Nikkei, lifted in part by Japanese Prime Minister Shinzo Abe's reflationary policies, was headed for its fourth straight year of gains.
US crude gained last week thanks to falling inventories, reduced drilling and the lifting of a ban on most U.S. crude exports. U.S. crude CLc1 nudged down 0.4 percent to USD 37.93 a barrel after jumping nearly 9 percent last week and away from USD 33.98, lowest since February 2009.
Brent crude LCOc1 also rose nearly 3 percent last week, moving away from an 11-year trough.


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