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Asian shares sag on revived US rate hike views; oil up - Reuters
Reuters | Asian shares sag on revived US rate hike views; oil up Reuters Expectations of further inflation are stoked by a recent recovery in oil prices, which hit seven-month highs on Tuesday, on expectations of a drawdown in U.S. crude stockpiles and a new wildfire threat on Canadian oil supplies. U.S. crude futures CLc1 ... Stocks slip as data fuel Fed rate chatter Rate hike concern weighs on stocks; crude oil up US stocks tumble as specter of early rate hike spooks |
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