Epic Research Update : Asian Markets

Epic Research Update : Asian MarketsEpic Research Update : Asian Markets

Asian shares rose to a one-month high on Thursday and were on track for their best annual performance since 2009, while commodity-driven currencies were buoyed by a rally in copper, which hit a four-year peak.

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.1 percent at 563.86 points, a level last visited in late November. It has rocketed 32 percent in the year so far.

MSCI world equity index , which tracks shares in 47 countries, also held near record highs. It has surged 21.5 percent this year.

Copper remained a standout trade, soaring for a ninth straight session on Wednesday to a level not seen since early 2014 on expectations of strong demand from top consumer China.

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Epic Research
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