Epic Research

Monday, January 4, 2016

Epic Research Update : Asian Markets


Epic Research Update : Asian Markets

Asian shares and currencies fell on Monday on the first day of trading in 2016 after China factory activity contracted and the yuan weakened, while oil prices jumped as much as 3 percent on rising tensions in the Middle East.
Japan’s Nikkei fell 2.6 percent to 2-1/2-month lows, while mainland China shares tumbled more than 4 percent.
US stock futures dipped 0.4 percent ESc1.
The Australian dollar fell 0.8 percent to USD 0.7225 while the Korean won shed 0.6 percent to 1,183.8 per dollar. The Indonesian rupiah and the Malaysian ringgit fell 0.7-0.8 percent.
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