Asian bourses steady as markets absorb impact of Iran deal
Equities across the Asia-Pacific region drifted on Tuesday after US markets retreated from the record-highs reached early on Monday. But oil prices found some stability after Brent crude is trading 0.05 per cent lower at $110.95 per barrel, but it has broadly recovered after tumbling to as low as $108.1p/b on Monday. WTI crude oil is up 0.3 per cent at $93.39p/b./ The knee-jerk sell-off was driven by hopes that greater oil supply would drive prices lower. But analysts point out the bulk of the sanctions against Iran remain in place and ...
Click
To Read Full Article
