Nikkei down 0.2%, No buying into the fix

The Nikkei is down 0.2% at the moment, trading under the 9400 support level. It seems the banks are the main culprits at the moment, weighing on the Index. Watch for any fallout into the FX market if the Nikkei continues lower today.

EURJPY looks soft as does USDJPY, with no to very little buying seen heading into the fix. USDJPY in danger to break below last night’s low and test 88.00