Japanese equities fading into the close 28 Feb
- high 19267.95
- low 19118.99
- Topix closes +0.09 at 1535.32
- USDJPY 112.48 just off session lows after a little fall from 112.60
Nikkei and USDJPY both retreating into the close after Kuroda talks of higher interest rate possibililty longer term. Nothing new or outrageous but probably enough to crank up a few robots.
Expect initial offers/res around 112.60 then 112.80 and 113.00. Demand into 112.20 then 112.00
