Tokyo's main index trades at the highs now, paring all losses on the day
Yesterday's close was at 22,338.15 and the Nikkei is now trading above that. But it's not just Japanese stocks that are seeing some recovery, the Hang Seng index is also only down 0.2% now after having traded more than 1% lower earlier in the day.
The sentiment here hasn't been enough to lift yen pairs just yet, but it's a positive signal for risk assets in the session to come. If we see a follow through in Europe, then that could be a catalyst to spark a turnaround in the risk-off tones seen since yesterday.
