Tuesday, 10 November 2015

Asian share markets join global sell-off

Asian shares nursed a lower open on Tuesday, following a global sell-off in offshore markets.
Major US averages posted their biggest decline in six weeks overnight, down 1 percent each, as investors pondered a possible U.S. interest-rate hike in December and stubbornly weak trade data from China. 
According to the CME Group, the probability of a December lift-off rose from about 58 percent to about 70 percent, after the October nonfarm payrolls report — released Friday — showed the US economy added 271,000 jobs.

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