Asian shares hover below 3-week high as Fed rate hike looms

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Asian shares hover below 3-week high as Fed rate hike looms

Asian shares barely budged on Wednesday, lacking traction as U.S. bond yields edged near a seven-year peak ahead of a widely expected rate hike by the Federal Reserve and as international oil prices rose to four-year highs. In Japan, the Nikkei (.N225) edged down 0.4 percent. U.S. consumer confidence hit an 18-year high, adding to a string of recent U.S. data that pointed to the strong U.S. economic momentum, despite concerns about trade wars U.S. President Donald Trump is waging.

https://finance.yahoo.com/news/asian-shares-hover-below-3-011344583.html?.tsrc=rss
 
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