Epic Research

Friday, January 29, 2016

Epic Research Update : Asian Markets


Epic Research Update : Asian Markets

Asian shares got off to a tentative start on Friday after oil cobbled together a third session of gains and markets wagered US interest rates would not be rising much this year, if at all.

Speculation is also rife the Bank of Japan will have to add yet more stimulus, though many doubt it will come at Friday’s first policy meeting of the year.

Equity investors were encouraged enough to nudge the Nikkei 0.3 percent higher in slow early action. MSCI’s broadest index of Asia-Pacific shares outside Japan was flat, while Australia added a slight 0.1 percent.

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