Nikkei closes down -0.37% at 16,052.05

Nikkei paring some losses after earlier sharp falls

• -59.00
• open 16230.38
• high 16350.38
• low 16001.19
• USDJPY 112.43 after a lively day at the office so far

Expect offers between 112.50-60 following the sharp spike earlier.