Monday, September 8, 2014

Asian Market Update : Epic Research Singapore

Asian markets were mixed in holiday-thinned trade Monday, with Tokyo edging higher despite more weak growth data and a pick-up in the yen that came in response to a below-forecast US jobs report.
The disappointing data out of Washington on Friday dampened the prospects of an early Federal Reserve interest rate hike, which in turn helped the S&P 500 to another record.
Tokyo rose 0.14 per cent, Hong Kong eased 0.17 per cent, Sydney shed 0.29 per cent and Singapore was flat.
Shanghai, Seoul and Taipei were closed for public holidays.
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