Asian Markets Mix, USD/JPY Hits Lowest Level Since October 2014 and Gold Rises to Seven Week High

Asian Markets Mix, USD/JPY Hits Lowest Level Since October 2014 and Gold Rises to Seven Week High

29 April 2016, 08:18
Roberto Jacobs
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Asian Markets Mix, USD/JPY Hits Lowest Level Since October 2014 and Gold Rises to Seven Week High

All the major Asian indices are trading on a mix note on the last working day of the week. Japanese banks will be closed in observance of Showa Day.

Today USD/JPY falls below 107.10 and hits lowest level since October 2014. On the other side, Gold hits fresh seven week high at $1280 marks.

China's Shanghai Composite index traded 0.07% higher at 2,947.55 points in early morning trade, but Hong Kong's Hang Seng index plunged 1.50% to 21,066.58 points.

South Korea's Kospi index fell 0.41% to 1,992.64 points in early trade.

Australia's benchmark S&P/ASX 200 index was up 0.41% at 5,247.90 points on Friday morning in Sydney while New Zealand's S&P/NZX 50 index rose 0.36% to 6,814.16 points on Friday afternoon in Wellington.

Indian stock markets are trading on a positive note. NSE Nifty was trading 0.03% higher at 7,850 points while BSE Sensex was trading 0.30% higher 25,678 points.


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