Asian stocks step back as investors brace for US Fed - Business News - News Summed Up

Asian stocks step back as investors brace for US Fed - Business News


The Nasdaq Composite added 0.57 percent, to finish at record low of 7,703. "The agreement at the summit lacked details. There was no clear roadmap to denuclearisation. Analysts had expected a decline of 2.7 million barrels.U.S. West Texas Intermediate crude futures traded at $65.83 per barrel.Elsewhere, bitcoin fell to a 2-1/2-month low of $6,461 at Bitstamp exchange on Tuesday on mounting regulatory and security concerns after the weekend hacking of South Korean cryptocurrency exchange Coinrail.


Source: The Star June 13, 2018 00:56 UTC



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