Asian Market Update : Epic Research Malaysia

Asian equities fell on Friday as Greece failed again to reach an agreement with its creditors and stumbled toward a default, while major currencies like the euro and dollar drifted as the debt saga sidelined investors.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS slipped 0.2 percent.
Japan's Nikkei .N225 dipped 0.1 percent. Despite household spending rising more than expected, inflation has remained flat, keeping alive expectations for more central bank stimulus later this year.

Australian shares .AXJO lost 0.9 percent, while South Korea's Kospi .KS11 bucked the trend and gained 0.2 percent.

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