12:00 am - 02:00 am
Peak activity on Asian - Pacific markets starts with the opening of trading in Tokyo, covers the first 30 minutes of Chinese Session (Shanghai, Hongkong) and the first hour of Singapore trading session.
The first (and the last) trading hour of any stock exchange is time of the highest activity. One half of the Asian - Pacific Activity Period is occupied by the markets and economies of Tokyo (the first trading hour starts), Sydney and Wellington with their currencies in the spotlight.
A lot of action happens for the Yen majors, e.g. USD/JPY, GBP/CHF, and GBP/JPY. Behavior of the Yen may reveal its general direction, which helps when focusing on forex transactions involving the Yen.
There are two Strategic Points
relevant to this Market Activity period:
Market activity increases when Japanese banks, especially the Bank of Japan, attempt the most important transactions from 01:00 am to 02:00 am. Important Japanese economic releases are sometimes published during the second hour of this Market Activity Sector. E.g. BoJ Interest Rate Decision comes out at 02:00 am.
With China's growing economic influence, Chinese economic data that drives the market is also worth attention. News is published from 01:00 am to 02:00 am inclusive (that is: 01:00 am, 01:30 am, 01:45 am and 02:00 am respectively).
The end of this Activity Period falls on a time frame of 01:30 am - 02:30 am and is covered by another Strategic Point
: 02:30 am
Asian - Pacific Overlap
Asian Trading Session