The Nikkei 225 went into the lunch break.....>

STOCKS: The Nikkei 225 went into the lunch break in negative territory down

78.15pts at 21933.53 and has further opened after lunch down by around 50pts

post announcements from the Monetary Policy Meeting in Japan whereby the BOJ

kept rates unchanged and said momentum towards 2% target for inflation is being

maintained but isn't firm. All other Asian Indices were last down too and the

rest of the world didn't close their sessions much better.

- U.S. Stocks ebbed on the overnight as Bloomberg reported the proposed tax

reform and cuts would be phased in over 5 years, the Wall Street Indices likely

also winding down from subsequent rallies in the past weeks.

- The Hang-Seng is down around 40pts after weaker China Manufacturing PMI for

October and the ASX 200 was last down around 2pts after weaker Aus home sales

and credit data. The Kospi is slightly holding up after Samsung reported record

earnings.

- European stocks held their own amid tensions in Spain and surprisingly the

IBEX 35 closed the overnight 248.5pts up with every sector in the green.