Asian markets had a mixed end to the trading week with no real advances across the region despite the usual record highs on Wall Street.
The Shanghai Composite was falling going into the close, barely above the long held 3000 point resistance level, while the Hang Seng Index is putting in a scratch session to be up barely 0.1% at 27820 points as it hovers right on the previous October highs:
Japanese share markets continue their pull back as the Yen gains strength and a risk off mood widens, with the Nikkei 225 capping off a poor week to close almost 0.3% lower to 23816 points. The USDJPY pair broke through trailing support on the four hourly chart but is still being supported at the 109 level with momentum just holding on here:
The ASX200 has slipped in the final session for the week, down 0.25% to 6816 points, unable to gain any traction due to a higher Aussie dollar and still short of its record high. The Pacific Peso gained some momentum early in the session and then pulled back as it reached the 69 handle, yet may continue this later tonight:
Both S&P and Eurostoxx futures are flat going into the European open with the S&P500 four hourly chart still showing price wanting to advance even further past the broken level at 3200 points reached last night, as this market looks more stretched than ever:
The economic calendar finishes the week with the latest US GDP print and core consumer spending numbers. Have a great weekend!