A more tepid end to the week for Japanese stocks

Nikkei 12-02

The equities momentum appears to be pausing for breath towards the latter stages of the week, with S&P 500 futures also seen down 0.1% so far today.

On the week though, the Nikkei posted another 2.6% gains as it stays on the hunt to hit the 30,000 mark - keeping at its highest levels since August 1990 this week.

In the major currencies space, things are mostly little changed as the market continues to figure itself out ahead of the long weekend in the US.

USD/JPY is a touch higher around 104.85 but just be mindful that large expiries rolling off today may keep upside limited just below the 105.00 handle.