Epic Research Update : Asian Markets

Asian shares firmed on Wednesday, shrugging off weakness on Wall Street as investors bet that a batch of economic data from China due later in the day would bolster the case for more stimulus in the world’s second-largest economy.

China will release official data on April industrial production at 0530 GMT, as well as retail sales figures for last month and fixed investment.

MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.5 percent. Japan’s Nikkei stock index edged down slightly.

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Posted in: Indian Market Tips