Asian markets mostly retreated on Friday as investors took their cash off the table after the previous day's rally that was fuelled by the Federal Reserve's dovish interest rate outlook.
The dollar was slightly lower against the euro and yen, but analysts said they expect the currency to resume its advance as the Fed prepares for a rate hike while the Japanese and European central banks print more cash.
Providing support to the euro on Friday was news that Greece has agreed to give creditors a new list of reforms within days in order to secure bailout funds.
Tokyo dipped 0.17 per cent, Hong Kong lost 0.21 per cent and Seoul gave back 0.21 per cent, while Sydney was flat but Shanghai gained 0.17 per cent.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my KLSE, KLSE exchange, KLSE Malaysia, KLSE stock Market, KLSE stock picks, KLSE Stock Recommendations, malaysia KLSE Stock market, Malaysia latest news update
No comments:
Post a Comment