Asian Markets Mix, Gold Hits Fresh 2-Week High in Early Hours
All the major Asian stock markets are trading on a mix note on the start of a new week. Important to note here that, major stocks and Forex markets are highly affected by the U.S. job results released on last Friday. U.S NFP job data fell to 38K m/m vs 123K m/m previous release and unemployment rate fell to 4.7% m/m vs 5.0% previous release. As a result, U.S. dollar was depreciated against major peers. On the other side, USD/JPY stabilises around fresh -5 week low after NFP job results.
Japan’s Nikkei N225 was trading 0.68% lower at 16,530.53 points in Tokyo.
Shanghai composite index to open up 0.1 pct at 2,940.99 points and China's CSI300 index to open up 0.1 pct at 3,192.78 points.
Hong Kong’s Hang seng index was trading 0.29% lower at 20,885.52 points.
Australia’s S&P/ASX 200 was trading 0.97% higher at 5,370.52 points.