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Japanese stocks went into the lunch....>

JAPAN STOCKS
JAPAN STOCKS: Japanese stocks went into the lunch break in positive territory,
the Nikkei 225 up 252.03 points at 19,789.13. After failing to recoup a gap
lower on Monday despite the global stock rally, following the market holiday in
Japan on Friday, Japanese stocks gapped higher at the open after EU/US stocks
had a strong session. 
- The index was buoyed by a weaker JPY as global safe haven demand dissipated as
tensions between the US/North Korea receded with NK leader Kim Jong Un saying
they would not launch a missile attack on Guam as threatened. This saw USD/JPY
rise back above 110.00 after hitting lows of 109.19 on Friday. The rebound marks
the biggest bounce in the pair since early July.
- On the Nikkei 225 110/11 sectors are in the green, energy being the only
decliner after oil fell on Monday as the USD strengthened while concerns over
Chinese demand also weighed.
- Stocks in the Asia-Pac region are in the green, the risk on rally taking hold
firmly as the US/North Korea situation seems to calm, with the bounce also being
attributed to a retracement after sharp drops last week.

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