Epic Research

Thursday, May 2, 2013

Epic Asian Markets Update

Epic Asian Markets UpdateAsian shares were capped on Thursday, weighed by a fall in US equities overnight and caution before the European Central Bank’s interest rate decision later in the session.

The dollar remained vulnerable, staying near lows against a basket of six major currencies which hit its lowest since late February at 81.331 on Wednesday, after the US Federal Reserve kept its plan to buy USD 85 billion in bonds each month, as was widely expected.

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