Epic Research Update : Asian Markets

Asian shares started a new month on somewhat firmer footing on Monday, helped by accommodative monetary policies in Japan and Europe, but traders were cautious ahead of China factory and service sector activity surveys.
MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.1 percent, after losing 8 percent in January. Shares in Australia rose 0.9 percent and South Korea 0.6 percent.

Japan’s Nikkei rose 1.3 percent to a three-week high, extending its gains made on Friday following the Bank of Japan’s decision to introduce negative interest rates with another bold move to stimulate the economy as volatile markets and slowing global growth threaten its efforts to overcome deflation.

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Posted in: Indian Market Tips