Thursday, 2 June 2016

Asia stocks advance, with Nikkei up 0.7% despite stronger yen

Epic Research Update : Asian Markets
Asian markets advanced Friday as markets awaited key US jobs data, which will offer a key indicator of whether the Federal Reserve will pull the trigger in June.

The Japanese yen will also be on investors’ radar after the dollar-yen fell below 109 levels Thursday. Despite the stronger yen, the Nikkei 225 was trading up 0.72 percent in early Asian trade, breaking its two-day losing streak.

In South Korea, the Kospi was mostly flat.

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