Epic Research

Wednesday, January 30, 2013

Epic Asian Markets Update

Asian shares inched up on Wednesday, cautiously awaiting local corporate earnings reports and the US Federal Reserve’s monetary policy decision due later in the session, while taking comfort from improving global economic prospects.
The MSCI’s broadest index of Asia-Pacific shares outside Japan inched up 0.2 percent to build on the previous day’s 1 percent rally which snapped a four-day losing streak.
Global stock markets rose on Tuesday as earnings from US companies have generally beaten forecasts so far with the latest upbeat results from Amazon.

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