Wednesday, June 25, 2014

Asian Market Update : Epic Research Singapore

Asian markets slipped Wednesday following the previous day's gains, while investors took their lead from losses on Wall Street as the dollar edged down against the yen.
US oil prices moved higher on worries following a report that Washington had decided to start exporting crude for the first time in four decades.
Tokyo slipped 0.51 per cent, Hong Kong added 0.21 per cent, Sydney slipped 0.68 per cent, Shanghai eased 0.47 per cent and Seoul was 0.15 per cent lower.
With few catalysts to drive trade, investors took the opportunity to cash in gains fuelled earlier this week by data indicating China's manufacturing sector is creaking back into gear after contracting for six months.
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