Published at 03:03 (GMT) 17 Mar
Japan Chief Cabinet Sec Yoshihide Suga says Japan does not recognise Crimea vote. Japan to respond on sanctions against Russia in coordination with G7. Japan calls on Russia not to annex Crimea.
On FX, Cross/JPY off lows, as markets seen relatively calm now. With results pointing to support to secede in Crimea. Eye the offiical news, and next moves by Ukraine government, Crimea parliament and Russia. Still tense situation as situation may still flare up. Focus on CNY as well, after PBoC band widening from 1 to 2%.
USD/JPY. Cross/JPY still vulnerable to risk aversion. USD/JPOY at 101.49-52, offers 101.60-80, bids at 101.20-30/101.00. stops below. EUR/JPY at 141.10-15, offers 141.30-50, bids at 140.80-90, stops below 140.75/50. WL
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