Wednesday 6 May 2015

Epic Research Update : Asian Markets

Epic Research Update : Asian Markets


Asian stocks stumbled on Wednesday in sympathy with weak US and European markets as equities investors were spooked by a vicious selloff in sovereign bonds globally.

The next focus in Asia will be a private survey of China’s services sector due at 0145 GMT. With the market worried about slowing Chinese manufacturing activity, any weakness will only add to expectations for more stimulus.

MSCI’s broadest index of Asia-Pacific shares outside Japan was off 0.4 percent in early trade, led by a 1.2 percent decline in Australia .

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