Asian Markets Update by Epic Research

Asian markets were trading higher. Monetary policy decisions are due in Australia and India later Tuesday. While no change is expected from either central bank, the governors’ statements will be closely watched for attempts to talk down strength in their respective currencies.



China’s Shanghai Composite added 0.36 percent or 7.40 points at 2,046.61. Hong Kong’s Hang Seng rose 0.25 percent or 58.56 points at 23,140.21.



Japan’s Nikkei gained 0.80 percent or 119.28 points at 15,055.20. Singapore’s Straits Times was flat at 3,299.22.



South Korea’s Seoul Composite was flat at 2,002.75. Taiwan’s Taiwan Weighted was up 0.24 percent or 21.80 points at 9,097.71.



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Posted in: Indian Market Tips