Epic Research

Friday, February 1, 2013

Epic Asian Markets Update

Asian shares recovered but were capped on Friday ahead of Chinese manufacturing and US nonfarm payrolls reports due later in the session that will offer more clues about the health of global economies, while the yen hit new lows.
US stocks edged lower on Thursday on caution ahead of the jobs report, but the benchmark Standard & Poor’s 500 Index posted its best monthly gain since October 2011 with a 5.1 percent rise and the best January showing since 1997.

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