Wednesday, 15 June 2016

Most Asia markets stumble as investors digest Fed call

Epic Research Update : Asian MarketsEpic Research Update : Asian Markets

Most Asia markets fell on Thursday, with shares in Japan stumbling amid fresh yen strength after the Federal Reserve kept interest rates on hold.

The Nikkei 225 was down 1.24 percent as the yen tumbled as low as 105.21 against the dollar in morning trade, compared with levels around 106.25 on Wednesday afternoon local time. At 10:42 HK/SIN, the dollar yen was at 105.35 tapping its lowest levels since late 2014.

In South Korea, the Kospi traded down 0.44 percent.
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