Asia ready for Fed hike, anxious on rate outlook

Asia ready for Fed hike, anxious on rate outlook

Wednesday, December 14, 2016
Asian Market 1

Asia ready for Fed hike, anxious on rate outlook Asia shares crept cautiously higher on Wednesday while a hush settled on the US dollar as investors felt certain the Federal Reserve would raise rates for the first time in a year, but were less sure what it might herald for 2017.

Japan’s Nikkei went the other way, easing 0.1 percent with moves across the region modest at best.

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