Epic Research Update : Asian Markets

Asian equities opened higher early Wednesday, brushing off a poor finish in the US overnight and continued weakness in the oil markets, as investors look ahead to the Federal Reserve’s monthly meeting.



Japan’s benchmark Nikkei 225 bounced back from a brief six-week low at the open, shrugging off a stronger yen and a softer than anticipated trade report.



Chinese equities reversed opening losses to creep up 0.4 percent early Wednesday.



Hong Kong, the key Hang Seng index inched up 0.2 percent, moving off its lowest levels since October 3 attained on Tuesday.



South Korean shares crept up modestly early Wednesday as the utility sector pared gains.



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Posted in: Indian Market Tips