 Market sentiments have generally stabilized, with no further escalation in Middle East tensions so far. Asian stocks are trading generally higher. US indices closed with slight gains after reversing initial losses. Focus should now be turned back to economic data. The currency markets is relatively mixed for today. New Zealand Dollar is the stronger one, followed by Sterling and then Dollar. Swiss Franc, Yen and Australian Dollar are the weaker ones. Technically, USD/JPY's breach of 108.47 minor resistance suggests that fall from 109.72 has completed at 107.77. Support ahead of 107.70 fibonacci level argues that price actions from 019.72 is merely a corrective pattern and stronger recovery could be seen. EUR/JPY also recovered strongly ahead of 119.99 support, maintaining near term bullishness. At this point, both USD/JPY and EUR/JPY point to more downside in Yen at a later stage. We'll see. In Asia, Nikkei is currently up 1.32%. Hong Kong HSI is up 0.48%. China Shanghai SSE is up 0.36%. Singapore Strait Times is up 0.73%. Japan 10-year JGB yield is up 0.0205 at -0.009. Overnight, DOW rose 0.24%. S&P 500 rose 0.35%. NASDAQ rose 0.56%. 10-year yield rose 0.023 to 1.811, back above 1.8 handle. | 
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