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Asian Market Update

Thursday 5 March 2015


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Hong Kong and Shanghai markets led a broad Asian sell-off on Thursday after China set tepid 2015 economic and trade growth targets, while the euro struggled to recover from 11-year lows ahead of a key European Central Bank meeting.

Wall Street provided a negative lead again despite an upbeat report on the state of the US economy and another round of healthy private-sector jobs growth.

Hong Kong fell 0.78 per cent and Shanghai lost 0.56 per cent, while Sydney slipped 0.26 per cent.

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