Tuesday, 8 September 2015

Asian Market Update : Epic Research Malaysia

Asian investors moved cautiously in early exchanges on Tuesday as they await the release of closely watched Chinese trade data, with fears another weak reading will fuel more global market volatility.

Analysts said the recent turmoil in international markets caused by worries over China - and uncertainty over US interest rates - had left investors nervous, with stock markets moving within a tight band and safe-haven assets such as the yen edging up.

News that Japan's economy had contracted less than expected was also unable to provide a buying impetus in Tokyo's Nikkei, despite speculation the country's central bank will likely have to unveil fresh monetary easing measures, which usually supports stocks.

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