Thursday, October 9, 2014

Asian Market Update : Epic Research Singapore

Asian markets rallied Thursday following an upswing on Wall Street as minutes from the Federal Reserve's latest meeting indicated policymakers were nervous about hiking interest rates too soon.
The minutes show the central bank board aired worries about the stronger dollar, a stumbling eurozone economy, slowing growth in China and Japan and geopolitical risks.
The news sent the euro up against the greenback and it held on to most of those gains in early Asian trade.


Tokyo rose 0.46 per cent, Hong Kong added 1.21 per cent, Sydney climbed 1.58 per cent and Shanghai was up 0.12 per cent.
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