Trade Tips: Nikkei up 0.3%

Asia markets mixed; Nikkei up 0.3%; Shanghai down 0.6%

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asia marketAsian markets traded mixed early on Friday, amid lower oil prices and caution ahead of all-important US June non-farm payrolls data.

The S&P/ASX 200 was flat after initially opening lower, weighed by its energy sub-index, which was down 0.3 percent.

In Japan, the Nikkei 225 was up 0.25 percent; while across the Korean strait, the Kospi was lower by 0.18 percent.

US crude prices dropped 4.83 percent to USD 45.14 a barrel on Thursday after an Energy Information Administration (EIA) report showed stockpiles fell 2.2 million barrels in the week to July 1, far less than the 6.7 million barrel draw down the American Petroleum Institute reported on the previous day.


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