Asian Markets Trading on a Mix Note, Gold Breaks Key Resistance at $1268

Asian Markets Trading on a Mix Note, Gold Breaks Key Resistance at $1268

11 May 2016, 06:39
Roberto Jacobs
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Asian Markets Trading on a Mix Note, Gold Breaks Key Resistance at $1268

Most Asian markets are trading on a higher note but on the other side, Chinese markets are trading slightly lower. Gold breaks key resistance at $1268 and trading around $1270 marks.

In addition, USD/JPY fails to sustain above key resistance at 109.32 and trading around 108.85 marks.

Japan’s Nikkei was trading 0.30% higher at 16,612 points while the broader Topix was trading 0.29% higher at 1,338.70 points.

The Shanghai Composite was trading 0.35% higher at 2,842.55 points but Hong Kong's Hang Seng index slipped 0.75% to 20,091.76 points.

South Korea's Kospi index fell 0.37% to 1,975.58 points on Wednesday.

The benchmark Australian S&P/ASX 200 index jumped 0.63% to 5,376.90 points on Wednesday morning in Sydney.

The S&P/NZX 50 index was trading 0.45% higher at 6,940.64 points on Wednesday afternoon in Wellington.

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