Asian Market Update : Epic Research Malaysia

Stock-index futures signaled a quiet start to the week in Asia as investors awaited this week's Federal Reserve meeting, with traders and economists split on whether interest rates will be raised. Copper retreated following mixed Chinese economic data.

Following their best week since May, copper futures were down 0.3 per cent in early Monday trading with a Bloomberg gauge tracking Chinese gross domestic product at 6.64 per cent for August, barely changed from July and stuck below the government's 7 per cent target. Oil rallied following last week's losses and New Zealand stocks advanced.

"It's an important week for markets, with a real possibility that US policy rates might rise for the first time since 2006," Raiko Shareef, a markets strategist in Wellington at Bank of New Zealand Ltd, said in an e-mail to clients.

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