Epic Research

Thursday, December 20, 2012

Epic Update : GLOBAL MARKETS ROUNDUP


* Nifty futures on the Singapore Exchange were largely unchanged. The MSCI-Asia Pacific index, excluding Japan fell 0.22 percent.
 * Asian shares paused on Thursday after rallying to their highest in nearly 17 months the day before, as talks to avert a U.S. fiscal crisis stalled, prompting worries of the world's largest economy sliding back into recession. 
* U.S. stocks sold off late in the day to close at session lows on Wednesday as talks to avert a year-end fiscal crisis turned sour, even as investors still expect a deal. 

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