Sunday, 28 June 2015

Asian Market Update

Nikkei slumps 2.4 percent  
Japan's Nikkei 225 index touched a one-week trough amid a weaker dollar.    A mixed bag of domestic data also weighed on sentiment. Released before the market open, Japan's industrial production fell 2.2 percent in May, wider than a Reuters' estimate for a 0.8 percent fall and marking the fastest pace of decline in three months.
Meanwhile, retail sales rose 3.0 percent on-year last month, versus the estimate of a 2.3 percent increase in a Reuters poll of economists. 

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