Tokyo's main index closes slightly lower in sluggish session for Asian equities
The index gets rejected by the 200-day moving average (blue line) as stocks retreated following gains seen earlier in the Asian morning. Risk sentiment is looking a bit jittery as markets hit the reset button after a more solid performance in Wall Street last Friday.
The softer risk tones is helping to keep the yen on the front foot as we begin the European morning. USD/JPY holds near the lows for the day still at 111.42 currently.