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Overnight Markets: Wall Street dips after Fed’s Bullard comments

by Himanshu Singh on Jun 27, 2014 at 04:06

In Asia, shares oscillated between gains and losses on Friday after Bullard’s comments the US may raise interest rates by March.

The MSCI Asia Pacific Index was little changed at 145 as of 10:57 a.m. in Tokyo. Japan’s Topix index slipped 0.2% after a report showed inflation accelerated at the fastest pace in 32 years.

South Korea’s Kospi index fell 0.1% and Australia’s S&P/ASX 200 Index was little changed. New Zealand’s NZX 50 Index rose 0.3%. Taiwan’s Taiex index added 0.1%, while Singapore’s Straits Times Index slid 0.2%. Hong Kong’s Hang Seng Index was little changed, while the Shanghai Composite Index fell 0.5%.

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