Nikkei shows uncanny resilience to strong Yen

Japanese stock market edged higher ignoring the strength in the Yen as investors focus on overnight gains in the US stock markets.

At the time of writing, Nikkei traded 0.55% higher at 15,407 levels. The index was up more than 1% in early trade. Meanwhile, USD/JPY pair was trading 0.41% lower at 102.35 levels.

Bank of Japan (BOJ) and government meeting is scheduled today. Heading into the meeting, Japanese PM Abe said the government is ready to mobilize all available policy measures. A positive closing today would mean a third straight day of gains for the index despite the talk of post Brexit turmoil.