Epic Research

Thursday, May 16, 2013

Epic Asian Markets Update

Epic Asian Markets UpdateAsian shares got off to a positive start on Thursday after data showed Japan’s economy accelerated in the first three months of the year, in contrast to an enduring recession in the euro zone which was keeping the euro in the doldrums.

Nikkei touched a fresh 5-1/2 year high, before reversing direction to be down slightly on the day, while MSCI’s broadest index of Asia-Pacific shares outside Japan advanced 0.2 percent.

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