Asia Summary and Highlights 7 September

Asia Session

The regional sentiment is strong on the tech/A.I. front where we are seeing KOSPI leading with almost 4% gain with Nikkei also up more than 2%. U.S. Nasdaq is also in the green. AUD/USD is dragged by performance of precious metals to trade 0.02% lower at 0.7205 after opening a few pips lower. NZD/USD is trading 0.11% lower while USD/CAD is unchanged with oil up a USD/b.

Major FX market is rangebound despite opening gap over the weekend geopolitical tension, partially due to the coming U.S. holiday. JGB yields are seeing some rebound across the curve with similar magnitude. USD/JPY is hovering around at figure at 156.06, down 0.09% for the session so far. Else, EUR/USD and GBP/USD are down 0.03%.