Tokyo’s main index surrenders earlier gains in tepid session for Asian equities

Equities sentiment in Asia dwindled in the last hour as stock gave up early gains with major indices now near flat levels on the day. Despite more optimistic risk tones to start the day after yesterday’s solid performance in Wall St, risk sentiment is more mixed as bond yields are holding lower to begin the day alongside US equity futures.
This should keep risk assets guessing as we begin the European morning. USD/JPY holds near flat levels in a narrow range at 111.34 currently.