Regional stockmarkets are 1.25% lower on average, and Gold is trading around $1620/oz

The FX market has been generally quiet. USD/JPY has twice tried to spike higher on unconvincing rumours of BOJ activity, only to fall back immediately. Japanese government officials are being quoted on the newswires as saying that no decision has been made on whether to intervene or not.

The only other mild volatility has been in the AUD, with some positional readjustment pre-RBA.