US ratings agency Fitch with a note on two Japanese entities 22 May

  • affirms long-term issuer default ratings (IDRs) at A-

The note and upward revision applies to :

  • Nomura Holdings and its wholly owned sub Nomura Securities Ltd
  • Nomura Financial Products & Services Inc
  • Daiwa Securities Group Inc and its wholly owned sub Daiwa Securities Co Ltd

The Outlook revision follows the affirmation of Japan's sovereign debt at A and revision of Outlook to Stable from Negative on 27 April

Full report from Fitch here

Meanwhile USDJPY currently 111.53 just off session highs of 111.61 after early Asian rally from 111.15

Nikkei 225 currently +0.43% at 19674.28 also off session highs of 19722.93