Monday, April 7, 2014

Epic Research Singapore : Asian Market Update

Asian markets retreated Monday, taking their lead from a sell-off on Wall Street despite a healthy US jobs report, while the dollar struggled to regain losses suffered against the yen at the end of last week.

Tokyo fell 1.51 per cent, Hong Kong eased 0.42 per cent, Sydney lost 0.27 per cent and Seoul was 0.10 per cent lower.

Shanghai and Bangkok were closed for public holidays.
On Friday the US Labor Department said the world's number one economy added 192,000 jobs in March - just below forecasts of 195,000 - while the unemployment rate held steady at 6.7 per cent.


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