Asian Stocks Rebound as Kospi Rises More Than 1.7%
Asian equities rebounded after two sessions of losses. MSCI's Asia Pacific equities index gained 0.2%, while investors bet the Fed would not need to tighten policy aggressively next year.
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Asian equities rebounded after two sessions of losses. MSCI's Asia Pacific equities index gained 0.2%, while investors bet the Fed would not need to tighten policy aggressively next year.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but