Tuesday, May 27, 2014

Asian Market Update : Epic Research Singapore

 Asian markets mostly fell Monday, retreating from the previous day's gains, but Tokyo bucked the trend as the yen dipped against the dollar, while the euro rebounded from losses in the previous session.
Tokyo rose 0.79 per cent, Hong Kong slipped 0.26 per cent, Sydney was flat, Seoul fell 0.16 per cent and Shanghai lost 0.15 per cent.
There were no cues from London and New York, where markets were closed for public holidays.
With few catalysts to fuel buying dealers decided to take their cash off the table, while attention is on the release later in the week of key US data, including revised economic growth for the first three months of the year.
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