• The yen dipped and the Nikkei rose in relief on Tuesday after the Bank of Japan (BOJ) left its ultra-easy policy and outlook unchanged, while broader rallies for stocks and bonds in anticipation of U.S. rate cuts started to run out of puff.
  • The yen weakened about 80 pips to 143.41 per dollar following the decision, which was in line with economists’ forecasts. Technology shares led the Nikkei 1% higher. Japanese government bonds rallied a little.