Asia trades lower; Nikkei off 1.2%, Kospi down 1%

Asia trades lower; Nikkei off 1.2%, Kospi down 1%

Wednesday, August 03, 2016
Epic Research Update : Asian Markets
Asia markets opened lower on Wednesday, with Japanese shares selling off on the back of another yen spike against the dollar.

In Japan, the Nikkei 225 was down 1.21 percent, while the Topix fell 1.43 percent as shares came under pressure due to yen strength. Some investors were left disappointed with details of Japan’s latest fiscal plan.

Across the Korean Strait, the Kospi fell 1.02 percent.

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