Epic Research Update : Asian Markets

Asian stocks gained early on Friday, after the markets were given some breathing space when the European Central Bank hinted of more monetary policy easing, while crude oil extended an overnight rally.

Japan’s Nikkei bounced 3 percent to move away from a 15-month low struck Thursday and Australian shares rose 0.9 percent.

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.9 percent. The index probed a four-year low on Thursday. It was on track to lose 1.5 percent on the week which saw a slide in oil prices and China-led global growth concerns continue to pummel risk assets globally.

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Posted in: Indian Market Tips