New Zealand Trade Balance (MoM) declines to $157M in Apr from $718M

USD/JPY is last at 101.91, off session highs at 102.05. The pair is down -1.2% from previous Asia-Pacific open yesterday, following a massive sell-off started after bad data came out of China, sending the pair to fresh 2-week lows at 100.82, and Nikkei index closing with a -7.32% decline, the worst single day after the Tsunami 2011.