SPX

That's more than a decent recovery after having seen sentiment roiled by the BOJ policy tweak earlier in the day. That said, we'll have to wait for Wall Street to have the final say and amid the struggling technical outlook, it won't be an easy job for dip buyers this time around.

European indices have also cut losses to around 0.2% to 0.6% on the day currently while the dollar has given back most of its earlier gains, while keeping lower against the Japanese yen still.