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Stocks in Asia Set to Gain as Traders Await Fed

From bloombergquint.com

Stocks in Asia were poised for a small advance after a rally in crude oil buoyed U.S. equities, while Treasury yields and the dollar rose with investors bracing for a Federal Reserve policy decision. Crude and U.S. energy shares climbed as the OPEC-led alliance of major oil producers accelerated the time line for curbing a worldwide supply glut. Futures indicated gains for stock indexes in Australia and Hong Kong. Japan is closed for a holiday. Markets are settling down after technology-led declines kicked off the week on the back foot. Though the broader market is recovering, the crisis engulfing Facebook Inc. ... (full story)

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  • Category: Fundamental Analysis