Nikkei reports that the BOJ will buy JPY 2 trln worth on commercial paper from fiancial insitutions and others as soon as this month. This is another avenue of quantitative ease for the BOJ but its rather small, at just $2.2 bln.
USD/JPY is off its highs, undermined by soft US equities. The S&P is near its low of the day, down 2.7% on the session.
