MNI: Japanese stocks went into the lunch break in....>

MNI: Japanese stocks went into the lunch break in negative territory, the Nikkei

225 currently down 201.10pts at 19501.53.

-All sectors are currently in the red with the biggest negative mover being

financials once again today at -1.8%, this comes evident as we see all JGB

yields, that's 1yr-40yr down up to 0.017%.

-USD/JPY is staying below 110 at 109.44, the dollar suffered after the rumour

Gary Cohn was to resign as well as the terror attack on Barcelona, it weakened

for the second day as Federal Reserve minutes showed concern inflation is still

low. The stronger Yen has encouraged buyers today.

-Andrew Clarke, an Asian equities trader said 'Australia is doing remarkably

well, only down 51pts, I guess though they have a slight hedge to any of these

situations (Barcelona, North Korea tensions) as they have a lot of mining and

natural resource stocks.' Australia data yesterday showed full time employment

dropped in July which could be a contributor to the decline also, the ASX

exchange sits at 5727.6.