As the Tokyo Stock Exchange heads into its lunch break its almost worth doing a ‘wrap’ of what passes for an active morning in this timezone.
Equity indices (via FAst FT)
- Japan’s Nikkei 225: 1.3%
- Sydney’s S&P/ASX 200: +0.2%
- Shanghai Composite: -0.1%
- Seoul’s Kospi: -0.4%
- Hong Kong market is closed for holiday
NZD/USD has been up above 0.8770 from around 0.8752 when I plonked down and its now back to the middle of the that range.
AUD/USD hasn’t been quite so active as we await the RBA, but its been rejected above 0.9430 again, as it was in the overnight.
USD/JPY and EUR/JPY (& yen crosses generally) are higher. USD/JPY and EUR/JPY have been encountering decent selling this morning, but whether it’s the slightly poor (on balance … but capex plans are a good positive, coming in stronger than expected) Tankan report or some other catalyst (or more than one) the buying has been persistent and they’ve ground higher.
EUR, GBP, CHF … geddouddahere .. nothing much to report.
Gold popped to another recent high above 1330USD and oil is a fraction stronger.
