The Traderszone Network

Closing near its lows a short while ago
– +121.82
– open 19036.13
– high 19088.76
– low 18937.45
– USDJPY 121.12 shrugging off the softer close
Bids/support at 121.00 proving sufficient to prevent any further losses so far

Price for the floatation now announced
Higher end of expectations after a book-building range of JPY 1100-1400, raising JPY 653bln bringing the total raised by the govt to JPY 1.4trln

The Nikkei is still up +0.71% but now posting fresh session lows of 18,951.70
– currently 18961.77
– +136.47
– high 19,088.76
– USDJPY 121.06 after holding 121.00 so far

Aggressive government support is making sure the renewable sector is still in the picture.

Here’s what the DTCC have listed at the moment
– USDJPY120.50 (322m) 121.50 (350m)
– EURUSD 1.0930 (EUR 338m) 1.1050-60 (427m)
– GBPUSD none
– USDCHF none
Note that tomorrow brings AUDUSD expiries of AUD 1.46bln @ 0.7250

Hello and welcome to another Squawk Box Live. Stay tuned for analysis on the surprise rate cut by China’s central bank.

Opposition candidate Mauricio Macri stunned Argentina’s ruling party with a strong showing in the presidential election.