Tokyo’s main index inches a little higher in light trading
Asian equities are posting cautious gains being sandwiched by the fact that US markets were closed yesterday and traders/investors are all anticipating the US jobs report later today. Chinese equities are also up by around 0.1% on the session, underscoring the more flat mood seen across multiple asset classes so far today.
USD/JPY holds at 107.90 currently but is trapped in a 13 pips range as we begin the session. All eyes are on the non-farm payrolls data but let’s see if there will be any interesting headlines that could shake things up in the European morning.