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Nikkei 2225 closes higher by 1.12% at 23,139.76

August 31, 2020 by admin 0 Comments

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Asian equities climb to start the week

But the mood has been slightly tempered with going into the closing stages, with gains losing steam a little. That said, the performance on the day is solid – especially for Japanese stocks after the beating last Friday due to Abe’s resignation.

The Hang Seng and Shanghai Composite are both up by 0.6% currently, while US futures are seen up by ~0.4% as we look towards European trading.

The yen is seen slightly weaker to start the week, with USD/JPY now up by 0.2% to 105.62 but gains remain more measured and sellers are still in near-term control.

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This article was originally published by Forexlive.com. Read the original article here.