Asian Market Update : Epic Research Malaysia

Asian markets were mixed on Wednesday after Wall Street provided a weak lead, while traders focus on the release of Chinese economic growth data later in the morning.

The dollar held on to the gains enjoyed in New York after US Federal Reserve head Janet Yellen suggested interest rates could rise earlier than expected if the jobs market continues to pick up.

Tokyo edged up 0.11 per cent, Hong Kong was 0.10 per cent higher, Seoul was flat, Shanghai dipped 0.10 per cent and Sydney eased 0.14 per cent.

Wall Street ended mixed on Tuesday, with the Nasdaq the big loser after the Fed said in a report that it thought some technology stocks appeared to be overvalued.

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