Epic Research Update : Asian Markets
Asia opened lower on Friday, after most local markets remained relatively flat throughout the week as traders stayed on the sidelines, waiting for clues about US interest rates from Jackson Hole.
Japan’s Nikkei 225 sold off 0.84 percent, after government data released before market open showed the country’s consumer prices for July fell, prompting concerns over the effectiveness of government stimulus. Across the Korean Strait, the Kospi declined 0.58 percent.
Asia opened lower on Friday, after most local markets remained relatively flat throughout the week as traders stayed on the sidelines, waiting for clues about US interest rates from Jackson Hole.
Japan’s Nikkei 225 sold off 0.84 percent, after government data released before market open showed the country’s consumer prices for July fell, prompting concerns over the effectiveness of government stimulus. Across the Korean Strait, the Kospi declined 0.58 percent.
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