Asian share markets are somewhat mixed with only Chinese shares really advancing as local markets dip into the red for the week on the back of a much stronger Australian dollar while Japanese shares are suffering despite some good domestic economic prints.

Oil markets are slowly decelerating from their recent falls with Brent crude still below the $75USD per barrel level while gold has held at its recent record highs well above the $2800USD per ounce level after recently having a small dip:

Mainland Chinese share markets have continued their strong bounceback with as the Shanghai Composite launches more than 1% higher while the Hang Seng Index has also made up lost ground, currently up 1.5% to 21210 points. Japanese stock markets however have fallen back with the Nikkei 225 about to finish nearly 0.6% lower at 38830 points while the USDPY pair has finally steadied after almost getting crushed in this strong selloff:

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Australian shares had been the worst within the area with the ASX200 closing useless flat at 8520 factors whereas the Australian greenback was capable of virtually match its mid week highs, at present sitting just under the 63 cent degree going into tonight’s US jobs print:

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S&P and Eurostoxx futures are holding on to their in a single day positive factors as we head into the London session with the S&P500 4 hourly chart displaying the useless cat bounce placing on much more life with the 6100 level degree now underneath menace on this bounceback:

The financial calendar will focus squarely on tonight’s NFP aka non farm payrolls aka US unemployment print.

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