Asian Market Update : Epic Research Singapore

Asian markets were mixed on Monday as Japanese shares succumbed to profit-taking following last week's huge gains, while Hong Kong and Shanghai rallied after a launch date was announced for a trading link between the cities' exchanges.

The dollar retreated from multi-year highs despite another record close on Wall Street that came in response to broadly upbeat jobs data that did little to alter expectations of a US rate hike in mid-2015.

Tokyo slipped 0.51 per cent after ramping up gains of more than 10 per cent in the previous six sessions after the Bank of Japan unveiled fresh monetary easing measures.

Sydney dipped 0.64 per cent, while Hong Kong surged 2.30 per cent and Shanghai added 1.17 per cent. Seoul was up 1.20 per cent.

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