Asian stock markets are somewhat mixed for the last session of the trading week which is not surprising given the lack of a lead from a closed Wall Street overnight. The latest Tokyo inflation print saw Yen appreciate considerably against an already weak USD with the Australian dollar also lifting into the last session, currently just above the 65 cent level.
Oil futures are moving slightly higher with Brent crude pushing up above the $72USD per barrel level while gold is doing better to get out of its recent slump to push up above the $2660USD per ounce level:
Mainland Chinese share markets are trying to revive their recent strong rebound with the Shanghai Composite up more than 0.6% going into the close at 3319 points while the Hang Seng Index is up just 0.3%, currently at 19434 points. Japanese stock markets are black in the red after Yen appreciated again with the Nikkei 225 closing the week 0.5% lower at 38152 points while the USDPY pair has dropped to a new monthly low as it almost crushes through the 150 handle:
Australian stocks had a mixed session as the ASX200 closed slightly lower, down just 0.1% to 8436 points while the Australian dollar saw a continued blip higher to get back above the 65 handle as it tries to get off its new weekly low:
S&P and Eurostoxx futures are up slightly as we head into the London session with the S&P500 four hourly chart showing momentum still positive but no longer overbought mode as price action goes into pause mode around the 6000 point area:
The economic calendar is Euro focused tonight with German unemployment and Euro wide inflation numbers and then we get the return of traders from the US Thanksgiving holiday.