Asian shares were mixed Thursday following a pick-up on Wall Street while China released data showing inflation remained tepid, fuelling hopes the government will announce fresh stimulus measures.
The dollar held on to most of the gains against the yen in New York, sitting at a six-year high, while the pound rallied on easing concerns about Scotland's independence vote and hawkish comments from the Bank of England on interest rates.
Tokyo added 0.47 per cent, Hong Kong dipped 0.13 per cent and Shanghai put on 0.33 per cent, while Sydney was off 0.10 per cent and Seoul shed 0.20 per cent on its first day of trade this week after a public holiday.
China said inflation hit 2.0 per cent in August, a four-month low and well below the government's 3.5 per cent annual target. It also missed the median estimate of 2.2 per cent in a survey of 15 economists by the Wall Street Journal.
Click Here To Register For Free Trial Services
OR
Give A Missed Call : +6531581402
Follow Us On Twitter : www.twitter.com/epicresearchsg
Like Us On Facebook : www.facebook.com/EpicResearchSingapore
Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg 
0 comments:
Post a Comment