Epic Asian Markets Update

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Epic Research
Asian stocks rose on Wednesday following a positive lead from Wall Street with Japan’s Nikkei reaching a 5-1/2 year high, while the yen took a defensive stance ahead of the outcome of the Bank of Japan’s (BOJ) policy meeting.

The euro rose 0.3 percent to 132.56, adding to Tuesday’s 0.4 percent gain.

Commodity markets were subdued ahead of the key central bank events. Copper traded at USD 7,373.00 a tonne, while Brent crude was a touch softer at USD 103.54 a barrel.
 
Epic Asian Markets Update

Japan%u2019s Nikkei index slid 3.0 percent in early trade on Monday, following on from a 3.5 percent slide last week in breath-taking volatility that no doubt left many investors shaken.

sian stock markets got off to a cautious start on Monday, having suffered their biggest weekly drop in around a year as investors fretted about the possiblity of the Federal Reserve dialing down its stimulus programme as well as a slowing Chinese economy.
 
Epic Asian Markets Update

Asian markets were trading firm. Hong Kong%u2019s Hang Seng was up 0.14 percent or 31.59 points at 22,717.64.

Japan%u2019s Nikkei advanced 0.53 percent or 74.28 points at 14,216.93.

Singapore%u2019s Straits Times was up 0.17 percent or 5.73 points at 3,397.03.

South Korea%u2019s Seoul Composite gained 0.31 percent or 6.20 points at 1,986.17.

Taiwan%u2019s Taiwan Weighted rose 0.19 percent or 15.91 points at 8,296.01.

However, China%u2019s Shanghai Composite was down 0.24 percent or 5.47 points at 2,287.61.
 
Epic Asian Markets Update

Asia rose for the second day after reports showed that US consumer confidence climbed to highest level since 2008 and home values jumped the most in seven years boosting the outlook for exporters.

Exporters like Toyota and Nissan gained in trade. The yen has weakened further this morning.

China%u2019s Shanghai Composite was up 0.13 percent or 3.12 points at 2,324.43.

Singapore%u2019s Straits Times rose 0.15 percent or 5.19 points at 3,411.27.

South Korea%u2019s Seoul Composite added 0.47 percent or 9.35 points at 1,995.57.

Taiwan%u2019s Taiwan Weighted advanced 0.62 percent or 51.37 points at 8,314.42.

However, Hong Kong%u2019s Hang Seng shed 0.62 percent or 141.02 points at 22,783.23.

Japan%u2019s Nikkei was down 0.15 percent or 21.83 points at 14,290.15.
 
Epic Asian Markets Update

Asian markets were trading lower. Japan%u2019s Nikkei shed 2.16 percent or 309.43 points at 14,017.03.

Singapore%u2019s Straits Times fell 0.77 percent or 26.03 points at 3,341.44.

South Korea%u2019s Seoul Composite was up 0.24 percent or 4.84 points at 2,006.04.

Taiwan%u2019s Taiwan Weighted slipped 0.42 percent or 34.88 points at 8,303.02.

China%u2019s Shanghai Composite was flat at 2,321.88.

Hong Kong%u2019s Hang Seng was flat at 22,549.97.
 
Epic Asian Markets Update

Asian markets were trading mixed. China%u2019s Shanghai Composite was flat at 2,317.30.

Hong Kong%u2019s Hang Seng shed 0.25 percent or 55.14 points at 22,429.17.

Japan%u2019s Nikkei gained 1.88 percent or 255.04 points at 13,844.07.

Singapore%u2019s Straits Times slipped 0.86 percent or 28.77 points at 3,307.24.

South Korea%u2019s Seoul Composite rose 0.63 percent or 12.69 points at 2,012.79.

Taiwan%u2019s Taiwan Weighted added 0.42 percent or 58.98 points at 8,302.27.
 
Epic Asian Markets Update

Asian shares began the new month with a cautious tone on Monday as uncertainty over how much longer the current US stimulus would continue prompted investors to book profits from recent highs and pulled global equities lower.

The Standard & Poor%u2019s 500 Index posted consecutive weekly losses for the first time since November as investors took some money off the table after the index rallied 14.3 percent, the best first five months of the year since 1997, and ended May up for the seventh straight month of gains %u2013 its longest streak of monthly gains since 2009.
 
Epic Asian Markets Update

Asian markets were trading lower. China%u2019s Shanghai Composite slipped 0.67 percent or 15.45 points at 2,283.81.

Hong Kong%u2019s Hang Seng shed 0.21 percent or 47.55 points at 22,234.64.

Japan%u2019s Nikkei rose 0.25 percent or 33.01 points at 13,294.83.

Singapore%u2019s Straits Times fell 0.65 percent or 21.42 points at 3,269.66.

South Korea%u2019s Seoul Composite was down 0.20 percent or 3.92 points at 1,985.65.

Taiwan%u2019s Taiwan Weighted was flat at 8,206.13.
 
Epic Asian Markets Update

Asian markets were trading lower. China%u2019s Shanghai Composite was down 0.18 percent or 4.12 points at 2,268.30.
Hong Kong%u2019s Hang Seng slipped 0.56 percent or 124.77 points at 22,160.75.
Japan%u2019s Nikkei was flat at 13,531.27.
Singapore%u2019s Straits Times fell 0.61 percent or 19.92 points at 3,271.43.
South Korea%u2019s Seoul Composite slipped 0.66 percent or 13.16 points at 1,976.35.
Taiwan%u2019s Taiwan Weighted was flat at 8,189.49.
 
Epic Asian Markets Update

Asian markets were trading weak. Hong Kong%u2019s Hang Seng slipped 0.67 percent or 148.18 points at 21,921.06.

Singapore%u2019s Straits Times slipped 1.01 percent or 32.77 points at 3,210.66.

Taiwan%u2019s Taiwan Weighted fell 0.85 percent or 69.94 points at 8,111.97.

Japan%u2019s Nikkei was up 0.78 percent or 101.29 points at 13,116.16.

China%u2019s Shanghai Composite was flat at 2,270.93.

Seoul Composite shut today.
 
Epic Asian Markets Update

Asian markets were trading mixed. China%u2019s Shanghai Composite rose 0.32 percent or 7.11 points at 2,249.22.

Hong Kong%u2019s Hang Seng shed 0.53 percent or 116.03 points at 21,722.40.

Japan%u2019s Nikkei fell 1.04 percent or 134.09 points at 12,769.93.

Singapore%u2019s Straits Times was flat at 3,191.16.

South Korea%u2019s Seoul Composite slipped 1.12 percent or 21.97 points at 1,937.22.

Taiwan%u2019s Taiwan Weighted was up 0.39 percent or 31.97 points at 8,128.11.
 
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