Friday, June 20, 2014

Asian Market Update : Epic Research Singapore

Asian shares were mixed on Friday, following another record close on Wall Street, while the dollar faced some downward pressure after the US Federal Reserve indicated interest rates would stay ultra low into next year.
Oil prices retreated after surging on the Iraq crisis Thursday, while eyes now turn to the release next week of provisional manufacturing data from China, Europe and the United States.
Tokyo was up 0.36 per cent adding to a five-month closing high Thursday, while Hong Kong added 0.20 per cent. However, Sydney slipped 0.41 per cent, Shanghai was 0.48 per cent off and Seoul fell 0.94 per cent.

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