Nikkei 225 closes lower by 0.16% at 22,715.85

Author: Justin Low | Category: News

Little change in the Nikkei after the 4-day weekend

Nikkei 27-07
That said, Japanese stocks did recover from an early setback today so that is a positive takeaway for risk buyers when looking at the overall mood.

The Hang Seng is down by 0.4% amid the virus situation in Hong Kong - local infections hit another record high over the weekend - which is likely to prompt the city to ban dine-in services at restaurants to curb the spread of infections.

Meanwhile, the Shanghai Composite is up by 0.1% as Chinese equities are keeping a little firmer. Elsewhere, US futures are seen up by 0.4% currently.

In the currencies space, this is feeding into a weaker dollar as the trend continues from the end of last week. USD/JPY is holding a break under 106.00 while EUR/USD is looking perky as it trades slightly above 1.1700 for the time being.
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