Epic Research Update : Asian Markets

Epic Research Update : Asian Markets

Asian markets edged up in early Friday trade after U.S. markets finished higher on Thursday as investors stateside awaited developments regarding tax reform. Markets also awaited the release of trade data out of China for clues about the health of its economy.

The Nikkei 225 advanced 1.12 percent, rebounding after recording a near 2 percent fall in the middle of the week. Also providing support for the increase was the softer yen, which traded above the 113 level to the dollar. Automakers, tech names and trading houses recorded gains.

Across the Korean Strait, the Kospi was mostly flat as gains in heavyweight tech names offset losses seen in automakers and several manufacturing plays.

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Sensex, Nifty rangebound; RBI’s MPC meet outcome awaited Sensex, Nifty continue to be sluggish ahead of RBI policy; Europe mixed
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Epic Research
Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300