Yen up after attacks in Germany, Turkey, stocks steady on Yellen comments

The safe-haven Japanese yen was up in early Asian trade on Monday after attacks in Germany and Turkey spooked investors, while regional stocks were steady as financial markets pondered upbeat comments from the Federal Reserve Chair Janet Yellen. Traders were also looking ahead to the Bank of Japan's rates decision later in the day, and while policy settings are set to be kept steady the focus will be on Governor Haruhiko Kuroda's take on surging global bond yields and the impact on rates in Japan. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent in early trade on Tuesday, while Tokyo's Nikkei was flat.

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Yen up after attacks in Germany, Turkey, stocks steady on Yellen comments