Japanese stocks went into the lunch....>

JAPAN STOCKS: Japanese stocks went into the lunch break in positive territory

the Nikkei 225 currently up 13.48pts at 19406.61.

- 7 of 11 sectors are in the red, the biggest negative drag was the Utilities

industry, more specifically Tokyo Gas.

- The Hang Seng Index had its strongest positive move since July 3rd at +250bps

with strong real estate contributions, particularly China Overseas Land and

Investment with a 5.29% rise in share price as it reported hefty earnings

growth. 

- USD/JPY is again below 110 at 109.22. The Yen snapped four days of gains

reflected in the indices. An MNI analyst found 'the gossip on the street is that

the BoJ will be purchasing good size exchange-traded funds (ETF's) today' which

will be contributing to the strong USD/JPY. 

- The ASX is also up almost 24pts, BHP up after the mining company announced

annual net profit of $5.89bn and they'll sell US Shale assets, one of it's

underperforming business' affected heavily by the slump in oil prices last year.

Iron Ore for Qingdao delivery up 2pts.