Thursday, 5 May 2016

ASIAN MARKET NEWS 06 May 2016

Japan's Nikkei 225 was down 0.34 percent, after the market returned from a three-day holiday. On Monday, the benchmark index closed down 3.1 percent.
The US dollar/Japanese yen currency pair was at 107.36 at 08:24 a.m. HK/SIN time, down from levels over 111.50 last week. The currency pair this week tapped its lowest levels since October 2014, when the Bank of Japan launched its second massive round of quantitative easing. The yen is generally seen as a safe haven currency.
Markets in South Korea, Indonesia and Thailand are shut for public holidays.


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