Asian share markets are again quite mixed with Japanese stocks this time not moving while local shares pull back inline with the Brisbane (and greater QLD?) lockdowns, while Chinese shares surge. Bitcoin remains relatively strong but unchanged above the $57K level while gold is really struggling here after collapsing overnight and is now threatening the $1700USD per ounce level:
The Shanghai Composite is surging again going into the close, currently up 0.5% to 3456 points while the Hang Seng Index is punching even higher, up a solid 1% to 28641 points. Japanese markets however are putting in scratch sessions on the back of comments from Governor Kuroda with the Nikkei 225 closing at the 29388 point level while the USDJPY pair continues to head higher, a smidge away from the 110 handle:
The ASX200 is the worst market again, this time lead down by the Brisbane lockdowns with a near 1% loss, heading back to 6738 points with the Australian dollar edging slightly higher after its tepid start to the trading week, now zeroing in on the mid 76 level but still looking depressed at weekly lows:
Eurostoxx and S&P futures are mixed with the latter up slightly as the four hourly chart of the S&P500 shows price wanting to get back the previous session losses and head through the 4000 point magical barrier which has remained elusive:
The economic calendar ramps up tonight with German inflation, US consumer confidence and house prices.