Thursday, March 5, 2015

Asian Market Update : Epic Research Singapore

Hong Kong and Shanghai markets led a broad Asian sell-off on Thursday after China set tepid 2015 economic and trade growth targets, while the euro struggled to recover from 11-year lows ahead of a key European Central Bank meeting.

Wall Street provided a negative lead again despite an upbeat report on the state of the US economy and another round of healthy private-sector jobs growth.

Hong Kong fell 0.78 per cent and Shanghai lost 0.56 per cent, while Sydney slipped 0.26 per cent.

Tokyo added 0.22 per cent by lunch and Seoul was flat.

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