Asian Session – Oil slump drags equities lower; yen see-saws on mixed BoJ signals
Posted on January 21, 2016 at 8:26 am GMTShares in Asia were unable to hold on to earlier gains and fell sharply towards the close as oil headed back down again. Tokyo’s Nikkei 225 index closed down 2.4% and the Shanghai Composite index lost 3.2%. On Wednesday, US shares rallied towards the end of the session but still ended the day lower, with the S&P 500 index closing down by 1.2%. US crude futures hit a fresh 2003 low of $26.19 a barrel yesterday but had recovered to [..]