It was substantially quieter after lunch in the US but I’m hoping for a bit more than the 20 pip ranges in yesterday’s Asia-Pac trading as local markets react to the optimism in New York.

The calendar features Nov Japanese trade balance at 2350 GMT and the Bank of Japan decision at around 0330 GMT. Neither is likely to cause a much of a ripple.

I’m covering the first half of the session and then Sean will takeover at the halfway mark.