Thursday, September 4, 2014

Asian Market Update : Epic Research Singapore

Asian shares mostly slipped on profit-taking Thursday following a healthy rally across the region the previous day, while Wall Street provided another tepid lead despite an upbeat assessment of the US economy.
Investors are now turning their attention to central bank policy meetings in Japan and Europe later in the day, as well as the release of closely watched US jobs data on Friday.
Tokyo slipped 0.10 per cent after the yen clawed back some losses against the dollar, while Hong Kong eased 0.28 per cent, Sydney gave up 0.29 per cent and Shanghai was eased 0.15 per cent while Seoul added 0.32 per cent.
A strong set of US manufacturing figures that added to a slew of upbeat data on the world's top economy helped regional markets higher Wednesday, and pushed the dollar above 105 yen for the first time since January.
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