Early morning up moves on the Nikkei have eroded to trade flat at the moment as another bout of poor economic numbers subdues trading.
The Nikkei traded up 50 points this morning but has since given it back to trade flat at the moment, as it flirts with multi year lows. Shares have turned lower as data showed Japan registered its first current account deficit in 13 years.
Insurance stocks have lead the fall with Tokio Marine down 2.9% and Mitsui Sumitomo Insurance off over 4%. Oil rlated stocks are holding ground Nippon oil up 2% and Showa Shell up 3%.
