Epic Research Update : Asian Markets

Asian Stocks stalled on Tuesday, halting an earlier rally after Wall Street shares lost steam, while the dollar sagged on the back of declining U.S. yields.

MSCI’s broadest index of Asia-Pacific shares outside Japan inched down 0.05 percent. The index had surged 1.5 percent on Monday following firm US jobs numbers, while low wage growth eased concerns about inflation and faster central bank rate hikes.

Australian shares lost 0.5 percent, South Korea’s KOSPI fell 0.2 percent and Japan’s Nikkei shed 0.8 percent.

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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