Nikkei 225 closes down -1.22% at 18,914.58

Japanese equities lower as yen strengthens 2 Feb

  • Topix -1.14% at 1510.14
  • USDJPY 112.58 after a quick dip below 112.50
  • benchmark 10-year JGB yield above 0.1% , highest since Jan 2016

Expect USDJPY offers/res around 112.80 with larger at 113.00 and 113.20. Bids/demand into recent lows around 112.20 then 112.00

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