Asian equities are mixed yet again following last night’s slew of central bank meetings, with Japanese stocks returning with a bang while Chinese bourses are struggling to put aside the recent dead cat bounce as the Evergrande situation is far from over. The USD remains relatively firm against most of the risk currencies although gold is actually gaining after its flump overnight, currently at the $1755USD per ounce level, with Bitcoin pausing its classic swing trade, stalled at the $44K level:

The Shanghai Composite is sliding going into the close, currently down 0.4% to 3629 points with the Hang Seng Index is largely unchanged at 24524 points, while Japanese markets reopened with a massive surge in stocks as the Nikkei 225 closes 2.2% higher 30268 points. This is largely due to a surging USDJPY pair with the daily chart showing a clear breakout out of a two month long funk above the 110 handle:

Australian stocks were the odd one out, with the ASX200 finishing 0.4% lower at 7342 points, failing to get back above previous medium term support as the Australian dollar was also unable to advance, hovering just below the 73 handle:

Eurostoxx and S&P futures are flat going into the London open, with the four hourly chart of the S&P500 showing price hovering at last Friday’s closing level before this dip started and made for a lot of excitment throughout the trading week. The question is can it hold on here and make a break for the 4500 point level:

The economic calendar closes the week out with the German IFO survey, then a slew of Federal Reserve member speeches.
Have a good weekend, if in lockdown, chin up. If in sunny QLD, remember your sunscreen (and mask), first summer has already started!
If still protesting, bend over, pick up your dummy, grow up and get back to adulting like the rest of us.