Epic Research Singapore : Asian Market Update

Asian markets moved slightly higher Friday as bargain-hunters moved in after the previous session's heavy losses, with investors taking a lead from Wall Street and a positive batch of US data.
 
The dollar held on to its recent gains after the head of the Federal Reserve on Wednesday hinted that US interest rates could be hiked early next year, sooner than analysts had expected.

Hong Kong nudged 0.27 percent higher, Sydney added 0.44 per cent and Seoul was up 0.68 per cent, while Shanghai put on 0.19 per cent.

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