Thursday 14 July 2016

Asian Market Update : Epic Research Malaysia

Japanese stocks led a broad rally on Asian markets Thursday, posting a fourth straight gain as investors took heart from another record close on Wall Street, while the pound rose ahead of a key central bank meeting.

The Nikkei index has now wiped out all the losses sustained after Britain's shock vote to leave the EU, while the yen sank further as traders await details on promised government economic stimulus.

The gains extend a global advance this week fuelled by talk of growth-boosting measures from central banks and governments around the world.

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