Epic Research

Tuesday, February 5, 2013

Epic Asian Markets Update

Asian shares eased on Tuesday as investors booked profits from recent strong rallies in the face of weak US data and worries that a potential political shake-up could disrupt the eurozone’s efforts to resolve its debt crisis.
US stocks slid on Monday, leaving the Standard & Poor’s 500 Index at its worst day since November after the index rose just 60-odd points away from its all-time intraday high of 1,576.09 on Friday. European shares plunged on Monday as investors locked in profits on indexes trading close to multi-year highs.

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