Nikkei on 5 month low this morning

We're really awaiting the open in China ... but that's a way off yet (0130GMT)

(Actually ... we're really awaiting a PBOC RRR cut .... How about it, chaps?)

Meanwhile .... Nikkei lower ... testing support. Anyone have any faith in support levels in this environment? Or, 'falling safe' mode still active? ;-)

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Australia is down about 1.3% 2% (try to keep up, Eamonn), New Zealand down about 2%

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