Overview: There is a sense of indecision in the air today. There have been several developments, but investors seem mostly reluctant to extend positions. China reported a surge in exports in April and an increase in the value of reserves. Australia reported a rise in exports in March. The Bank of England left policy steady, but clearly signaled it was prepared to boost its asset purchases. Norway unexpectedly cut rates. For the second consecutive session, US equities sold-off late. This seemed to weigh on Asia Pacific trading. The Nikkei edged higher, but the Topix fell,