. >>> alcatel, you can see it's up 7%. this after deutsche bank upgraded the company to a buy. it says it sees a turn around for the future of the company after recent financing and the appointment of a new ceo. bank of america is downgrading the stock from a buy to a neutral, saying it now appears full. we've talked about the bond auctions in spain. just to see where we stand at the moment, spanish yields, still below 5%. relatively contained ranges. 10-year gilt, 1.74%. we were up about 2.2% at the time we lost the aaa rating in the uk. on the currency markets, we saw euro/dollar down to session lows. 1.2791 is where we stand at the moment. dollar/yen is the one we've been watching post the bank of japan. here we go, dollar up against the yen, 95.47 is where where he stand. sterling seems to have a lot of support around the 1.50 mark. that's where we stand right now in europe. let's get the latest, all the update on the trading day in asia. li sixuan joins us from singapore. >> thank you, ross. nice to see you. the nikkei yet again stole the show here in asia. after the boj a