Asian stocks drop before U.S. data

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Source: Bloomberg
Stock prices in Asia dropped for a second consecutive day before U.S. economic data announcement, which is expected to indicate further policy decision by the Fed. The MSCI Asia Pacific Index dropped 0.8% to 135.84, while Shanghai Composite lost 0.6% so far today. Japan's Topix and Nikkei 225 slid 1.4% and 1.1% respectively, while Kospi Index slipped 0.1%.
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Thu, 25 Jul 2013 12:12:09 GMT

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