Japanese stocks rally as Asian equities are boosted by more buoyant trade sentiment from overnight trading
Equities in Asia are taking a cue from their European and US counterparts in overnight trading as Draghi's dovish remarks coupled with more positive commentary on the US-China trade front helped to aid stocks in a solid rally. That's spilling over to trading in Asia today for the most part but there's still the big event to come later today in the Fed.
As such, US equity futures are more cautious trading around flat levels at the moment and I would expect similar sentiment as well as Europe opens. Major currency changes are a bit more modest with USD/JPY holding a little lower at 108.34 currently (overall change -0.1% only), down from highs earlier today of 108.62.
