Asian markets closed mixed: Japan's NIKKEI closed up 26.66 pts or +0.1% at 26517.19 and the TOPIX ended 5.1 pts higher or +0.27% at 1887.43. China's SHANGHAI closed down 8.32 pts or -0.25% at 3356.078 and the HANG SENG ended 82.2 pts higher or +0.38% at 21725.78.
European stocks are a little softer, with Materials/Financials weakness weighing most heavily: German Dax down 67.04 pts or -0.52% at 12790.44, FTSE 100 down 9.06 pts or -0.13% at 7177.74, CAC 40 down 29.98 pts or -0.5% at 5974.07 and Euro Stoxx 50 down 33.1 pts or -0.95% at 3458.99.
U.S. futures are slightly lower, with the Dow Jones mini down 132 pts or -0.42% at 31235, S&P 500 mini down 19.75 pts or -0.51% at 3885.25, NASDAQ mini down 76.25 pts or -0.63% at 12062.25.
EQUITIES: Mixed European Performance After Asia Closes Stronger
Jun-08 09:14
Asian stocks closed higher: Japan's NIKKEI closed up 290.34 pts or +1.04% at 28234.29 and the TOPIX ended 22.95 pts higher or +1.18% at 1969.98. China's SHANGHAI closed up 22.03 pts or +0.68% at 3263.793 and the HANG SENG ended 482.92 pts higher or +2.24% at 22014.59.
European equities are mixed, with few discernable themes (Energy and Tech are leading, Financials and Consumer Staples lagging): the German Dax down 28.14 pts or -0.19% at 14530.97, FTSE 100 up 3.8 pts or +0.05% at 7601.13, CAC 40 down 13.01 pts or -0.2% at 6486.79 and Euro Stoxx 50 up 3.23 pts or +0.08% at 3810.79.
U.S. futures are a little weaker, with the Dow Jones mini down 130 pts or -0.39% at 33034, S&P 500 mini down 15 pts or -0.36% at 4143.75, NASDAQ mini down 32.25 pts or -0.25% at 12680.
USD: Broader base buying
Jun-08 09:07
A one way direction for the YEN, with USDJPY now testing next resistance at 133.84 (printed 133.86 high so far).
Above the latter sees the psychological 134.00, ahead of next resistance at 134.48 1.236 proj of the Feb 24 - Mar 28 - 31 price swing
More broad base buying of USD going through at session high against EUR, GBP, CHF, CAD, AUD, NZD, CNH and CNY.