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Nikkei subdued as investors await U.S. jobs data for Fed clues


Friday, 5 July 2019 10:18 WIB

Saham JepangIndeksTopixIndeksNikkei 225


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Japan's Nikkei was little changed on Friday morning as investors kept to the sidelines before the release of a key U.S. jobs report, while oil and mining shares underperformed after oil prices fell on global growth concerns.

The Nikkei share average was flat at 21,696.57 in midmorning trade. For the week, the index has gained 2% after a Sino-U.S. trade truce sparked hopes the two warring sides could make progress in long-drawn out negotiations.

Investors are waiting on the U.S. jobs report due out later in the day, which could determine if the Federal Reserve cuts rates later this month or delays such a move to its next meeting.

The broader Topix was flat at 1,589.91. Declining issues outnumbered advancing issues 1,160 to 858.

Source : Reuters


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