by Chris Becker
Here we are at the end of the week as the risk complex positions itself for the monthly US unemployment print later tonight that will define the direction and volatility of the month ahead. In Asia today, stocks were mixed with the Nikkei falling again as the Yen remained steady, the BOJ making noises that a “taper” of its bond buying program is not on the cards even as 10 year Japanese bonds starting going into positive territory.
In China, the Shanghai Composite is currently up just one point with not much happening in the Middle Kingdom today, still below support at 3000 points, while Hong Kong stocks do a bit better, the Hang Seng is up 1.4%