Thursday, 19 November 2015

Epic Research Update : Asian Markets

Epic Research Update : Asian Markets
Asian equities opened higher on Thursday after US markets reacted positively to the release of Federal Reserve’s October meeting minutes that signaled a likely interest rate hike in December.
Nikkei hits a 3-month high, edges closer to 20,000
Japan’s were higher as Japan’s October trade hit a surplus of 111.5 billion yen (USD 902.5 million), beating estimates of a shortfall.

Kospi rallies, following Nikkei, ASX
South Korea’s market followed the rally in the Australian and Japanese markets. The Seoul Kospi was up 0.61 percent as investor sentiment was boosted by developments in Wall Street overnight.

ASX opens in the green, up 1.16 percent
Australian stocks broadly opened in the green on Thursday morning, as banks and resources producers capitalized on overnight gains in Wall Street.

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