Nikkei down Over 2 Pct, Gold steady Above $1210

All the major Asian stock indices are trading on a lower note on Thursday but the Japan’s Nikkei falls the most above 2 pct. In addition, Japanese Yen hits fresh 2 –week high against US dollar after comments from the BOJ’s Sato. USD/JPY breaks 109.00 marks and trading around 108.90 levels. On the other side, Gold remains well supported above $1200 and trading around $1215 marks. Expected trading range for the gold is $1208 to $1227 marks. Japan’s Nikkei N225 was trading 2.29% lower at 16,568 points in Tokyo. South Korea’s Kospi was trading 0.11% higher at 1,984.60 points. Shanghai composite index to open down 0.1 pct at 2,911.22 points and China's CSI300 index to open down 0.1 pct at 3,158.03 points. Hong Kong’s Hang seng index was trading 0.52% higher at 20,864.52 points. Australia’s S&P/ASX 200 was trading 0.83% lower at 5,278.50 points.

News are provided by InstaForex