Asian Market Update : Epic Research Malaysia

An increasing expectation the Federal Reserve will keep interest rates at record lows fed further gains in Asia's stock markets on Friday.

Investors were set to end a third straight week on a high as Tuesday and Wednesday's China-fuelled retreat was overshadowed by hopes the cost of US borrowing will stay near zero per cent into the new year.

Speculation that Beijing will soon introduce more measures to stimulate the world's number two economy and key driver of world growth also provided an incentive to buy ahead of the release of growth data next week.

Global markets have enjoyed a broadly strong month so far after suffering their worst quarter in four years during July-September, when trillions of dollars were wiped of valuations.

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