- Nikkei up 0.6%
- Usd/Jpy 85.60
- Talk of monetary easing action will underpin for the moment
There are still corporate sell orders above 86.20-50; we mentioned the other day the the BOJ would historically have ‘a quiet word’ to the corporate market to get out the way and wait for a better opportunity if they are going to act in any way; when/if we start we start to see orders disppear we should be aware….
