Reminder: Japanese markets closed today, Asian twilight zone to persist longer than usual

We've had some wild swings in markets since the US cash close. This stoked fear:

Once NY finishes up for the day its only New Zealand and Australian markets that are active. Liquidity is super-thin.

We had oil, gold , equity indexes, rates all on the move:

AUD, NZD, CAD have all taken hits, not huge though. JPY has been a 'safe haven' beneficiary:

usdyen pacwest twilight zone 04 May 2023

Its just going on to 7am in Singapore and Hong Kong, once these two are active it'll add much better liquidity to markets.

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