Thursday, June 12, 2014

Asian Market Update : Epic Research Singapore

Markets sank in Asian trade Thursday as Wall Street's record-breaking streak came to an end, while Tokyo was hit by a stronger yen as investors look ahead to a Bank of Japan policy meeting.
Tokyo tumbled 1.07 per cent with exporters hurt by the pick-up in the yen. Hong Kong lost 0.65 per cent, Sydney slipped 0.50 per cent, Shanghai shed 0.20 per cent and Seoul was off 0.25 per cent.
Investors stepped back after global markets enjoyed a rally at the start of the week in response to upbeat data from the United States, China and Japan.
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