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Asian equities mixed as Nikkei stages recovery

FXstreet.com (Barcelona) - Following yesterday’s staunch pullback of the Japanese market, Asian equities performed more unevenly today, with a role reversal, culminating in a Nikkei recovery and Chinese setback.

Beginning with the indices and composites, the Shanghai fell -0.74% as it settles in region of 2300.05, down -17.15 points in these moments. In addition, the Nikkei 225 is trading in positive territory, operating at 13774.54, following a notable recovery of +185.51 points or +1.37% at the time of writing. Finally, the Hang Seng Index has edged lower today, trading in the zone of 22473.84, presently -0.05% after a movement of -11.80 points.

Moving to commodities the prices of gold and silver are trading at USD $1417.03 and $22.80 per oz. respectively. Moreover, the price of crude sunk to USD $93.48/bbl Friday.

GBP/USD drifting lower

GBP/USD made a big figure move on the session yesterday with the psychological 1.5000 level well supported. On poorer US data, the pair ran up to find resistance at 1.5240 level’s and now drifts lower into the London open.
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USD/JPY holding in positive territory at 100.81/83

The USD/JPY has been unable to stage a recovery above the 101.00 level Friday, as concerns facing the USD and the fate of the Fed stimulus program hang in the balance.
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