Stocks in Asia turn lower post NFP

FXstreet.com (Córdoba) - Markets in Asia opened the week with gains following the release of the US employment report, on the back of expectations about a moderate tapering by the Federal Reserve. But after the initial hours of trading, stocks turned to the downside, erasing gains.

The Hang Seng started up by 1% but currently is falling 0.11% while in China, the Shanghai is down 0.06%. In Australia stocks are falling at a moderate pace, around 0.35%

Nikkei 225 futures down, Yen up

Markets in Japan are closed on Monday for a holiday but futures point lower, hit by US data and a strong Yen, that is rising across the board. The USD/JPY trades at 3-week lows under 103.50, extending last week gains.