Epic Research Update : Asian Markets

Asian equity markets traded mixed early Wednesday, following a unimpressive lead from Wall Street overnight.

Japan’s benchmark Nikkei 225 reversed a lower open to hover marginally above the flatline, as the dollar-yen touched 123.28 – the currency pair’s highest level since July 2007.

South Korea’s Kospi index led losses in the region early Wednesday to hit a one-week low.

Due to open at 0930 SIN/HK, China’s key Shanghai Composite may break a seven-session winning streak on Wednesday, according to IG’s market strategist Bernard Aw.

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Posted in: Indian Market Tips