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Thursday, March 26, 2015

Epic Research Update : Asian Markets

Epic Research Update : Asian Markets

Asian equity markets declined on Thursday following a sharp selloff on Wall Street overnight and as investors monitored political turmoil in Yemen.

Japan’s benchmark index retreated further from a 15-year high hit on Monday, with technology shares leading the declines.

China’s benchmark Shanghai Composite index extended losses into a second session as investors digested the latest earnings. The index snapped a 10-day winning streak on Wednesday.

South Korean shares declined on fears of deflation. Data out before the market open showed March consumer sentiment hitting a three-month low, while inflation expectations for the next year dropped to a record low.

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