Japanese stocks lose some steam after early gains

Nikkei 09-10

The Nikkei pushed higher early on as stimulus hopes kept markets more buoyant over the past two days, but gains were pared amid some profit-taking ahead of the weekend. Elsewhere, the Hang Seng is trading closer to flat levels as well currently.

US futures are still keeping higher, with S&P 500 futures seen up ~0.5%.

That in turn is keeping the dollar slightly on the softer side ahead of European trading, with EUR/USD keeping around 1.1770 levels and NZD/USD just above 0.6600.

Meanwhile, gold is also trading up by 0.8% above $1,900 but is running into some technical resistance for the time being.