Nikkei 225 closes lower by 1.09% at 21,583.12

Tokyo's main index closes lower as Asian stocks follow Wall St's losses overnight

Not too much of a surprise here as equities sentiment - mainly tech - is soured by the performance of US trading yesterday. But for the Nikkei, Nissan shares also helped to contribute to further downside after chairman Carlos Ghosn was arrested yesterday and looks set to be fired by the board later this week.

The negative start to equities sentiment has so far weighed on the aussie (alongside cross selling against the kiwi) but has yet to translate into any deeper losses for yen pairs. Although, that would be something to watch out for as we move closer to US trading. E-minis are currently down 0.2% on the day.

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