Asian Market Update : Epic Research Malaysia

Investors trod a cautious line on Wednesday, a day before Britain's high-stakes referendum on its future in the European Union, with the head of the Federal Reserve warning a vote to leave could hammer world markets.

After a three-day rally fuelled by hopes the country will stay in the economic bloc, analysts said traders were taking a step back to see what happens in Thursday's poll.

While bookmakers say there is an 80 per cent chance the country will stick with the status quo, opinion polls predict a dead heat, with about 10 percent of voters yet to decide which way to go.

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