Wednesday, February 26, 2014

Epic Research Singapore : U.S Market Update

Asia's markets were mixed on Wednesday as traders were left unimpressed by a weak batch of US economic indicators, although early losses were pared in Tokyo as the dollar staged a rebound against the yen.
 
The euro enjoyed a measure of support after European officials raised their growth forecasts as the region slowly recovers from its 
debilitating debt crisis.

Tokyo dived more than one percent at the open because of a stronger yen but the market rebounded in line with a greenback revival and by the break the Nikkei was 0.13 per cent off.
Hong Kong added 0.26 per cent, Sydney gained 0.24 per cent and Seoul was flat but Shanghai shed 0.18 per cent, adding to Tuesday's losses on fresh liquidity fears.

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