Tuesday, November 11, 2014

Asian Market Update : Epic Research Singapore

Asian markets mostly rose Tuesday after US shares tapped fresh records for a fourth straight session, while a weaker yen helped Japan's Nikkei extend its recent rally.

Tokyo rose 0.61 per cent, Hong Kong added 0.27 per cent, Seoul put on 0.12 per cent and Shanghai gained 0.40 per cent. Sydney was 0.23 per cent lower.

Wall Street continued its impressive run Monday, adding to Friday's gains after data showed jobs creation was healthy in October and the unemployment rate hit a six-year low.

The figures were the latest indicating the world's top economy is on the path to recovery, with investors now keen to find out when the Federal Reserve plans to increase interest rates.

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