Tuesday 17 May 2016

Asia markets slip; Nikkei wavers after above-view GDP

Epic Research Update : Asian Markets
Asia markets opened lower Wednesday, with Japan’s shares wavering as traders struggled to interpret data showing the country’s economic growth beat expectations.

The benchmark Nikkei 225 index was up 0.62 percent, continuing to weave between positive and negative territories as traders were likely weighing whether the good news from the data was good or bad news for markets.

Asia markets opened lower Wednesday, with Japan’s shares wavering as traders struggled to interpret data showing the country’s economic growth beat expectations.

The benchmark Nikkei 225 index was up 0.62 percent, continuing to weave between positive and negative territories as traders were likely weighing whether the good news from the data was good or bad news for markets.

South Korea’s Kospi index also fell, shedding 1.07 percent.

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