Tokyo's main index falls amid mixed mood in Asian trading

Nikkei 18-06

Markets are in a state of flux ahead of the Fed tomorrow with the risk mood holding softer in Asia as Treasury yields are notably weaker alongside a more subdued performance in US equity futures to start the day.

The lower yields is helping to push gains in the yen and swissie to start the session but there isn't any major breakouts yet among major currencies. The bouncing of risk sentiment is likely to continue over the next few sessions until the FOMC meeting is out of the way so expect more of the same in the European morning today.