Epic Research

Friday, February 8, 2013

Epic Asian Markets Update

Asian shares edged up on Friday after China’s trade data for January handily beat forecasts to underscore a recovery trend, but prices were capped by investors seeking to book profits before next week’s Chinese new year holidays.
Asian markets are undergoing a pre-holiday adjustment, keeping prices top-heavy, with many opting to book profits. Prices have gained sharply over the past months, so a correction is healthy. But the upward trend in Asian equities markets remains intact.

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