Friday Morning Recap: Options Expiration Day – Morning Notes

– BOJ rate decision out last night- left unch’d at 0.1%
– Recall: BOJ commenced a two day meeting yesterday and there was no mention of expanding Japan’s asset buying program
– Nikkei closed down small, 10bps
– Hang Seng closed up 20bps while Shanghai closed unch’d
– In Europe, bourses saw early strength and all major indices were in the green
– German PPI came in higher than expectations

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