Asian Market Update : Epic Research Malaysia

Asian shares got off to a lacklustre start on Monday, after rising inflation and a hawkish tone from the US Federal Reserve Chair rekindled expectations that the Fed is on track to hike interest rates.
Activity was likely to be thin this session, as UK and US markets are shut on Monday for the Spring Bank Holiday and Memorial Day respectively. European centres such as Germany will be observing the Whit Monday holiday.

MSCI's broadest index of Asia-Pacific shares outside Japan was down about 0.1 percent in early trade.

Japan's Nikkei stock index added 0.3 percent, getting a tailwind from a weaker yen and trade data released before market open showed a better-than-expected rise in April exports.

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