Positive tones seen in early trades

A decent start for equities in the region and with Italian bonds looking to start the day stronger it should be an encouraging day for European equities as risk starts to improve. The rally in Chinese equities is also helping to fuel a recovery in US equity futures with E-minis trading 0.2% higher on the day now:

And the sentiment here is what is helping to keep yen pairs underpinned to start the session.