Most Asian indexes slide as dollar holds onto overnight gains after Yellen speech

Epic Research Update : Asian MarketsEpic Research Update : Asian Markets

Asian shares remained cautious on Wednesday as investors digested Federal Reserve Chair Janet Yellen’s overnight speech and as North Korea tensions took a backseat.

The benchmark Nikkei 225 slid 0.41 percent in early trade despite the weaker yen as automakers, financials and trading houses pulled back.

Across the Korean Strait, the Kospi traded 0.03 percent above the flat line despite most tech stocks eking out gains after falling in the last session: Samsung Electronics rose 0.58 percent and SK Hynix added 0.61 percent. Most manufacturing and brokerage names saw declines.

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Epic Research
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