Epic Research Update : Asian Markets

Asian shares rebounded on Friday as comments from a Federal Reserve official eased worries that the central bank might raise rates more aggressively this year, while the safe-haven yen held on to its gains amid heightened volatility across markets.

Australian and New Zealand shares were each up 0.5 percent while Japan’s Nikkei edged 0.3 percent higher and South Korea’s KOSPI index rose 1 percent.

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