Asian Markets Open Mix, Gold Remains Supported Above $1250

Asian Markets Open Mix, Gold Remains Supported Above $1250

All the major Asian indices are trading on a mix note on Wednesday. On the other side, Gold remains supported above $1250 marks and trading around $1254.

In addition, Japanese Yen continues to add strength against US dollar after Japan’s trade balance data as well as BOJ governor Kuroda’s speech. Pair falls below 109.00 marks and trading around 108.95 levels.

Japan's Nikkei 225 index was trading 0.61% higher at 16977.30 points in Tokyo on Wednesday morning, following a rally of over 3% on Tuesday, while the broader Topix gauge sprung up 1.02% to 1,376.88 points.

Chinese markets opened on a mixed note on Wednesday, the Shanghai Composite rising 0.42% to 3,055.36 points, and Hong Kong's Hang Seng slipping 1.03% to 21,215.55 points.

Korea's Kospi index gained 0.01% to trade at 2,011.45 points.

Australia's main equity index, the S&P/ASX 200, rallied 0.29% to 5,209.90 points on Wednesday morning in Sydney.

New Zealand's S&P/NZX 50 index was trading little higher at 6,874.16 points on Wednesday afternoon in Wellington.

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