 Risk sentiments stabilize some what today as markets are digesting the impact of China's coronavirus outbreak. But there is no clear sign of a turn around in the markets yet. Commodity currencies are just consolidating at low levels. Yen is also staying in tight range close to this week's high. Dollar is currently one of the strongest as slight inversion between 1-yr and 5-yr yield is not triggering much concerns yet. Technically, Sterling's selloff is worth a note. GBP/USD is now heading back to 1.2920 fibonacci level and 1.2905 support. Break there will extend the whole correction from 1.3514 and put 1.2582 resistance turned support into focus. EUR/GBP's recovery is also picking up momentum. Break of 0.8487 minor resistance will extend the corrective pattern from 0.8276 low, possibly with a break of 0.8595 resistance. In other markets, DOW futures is currently up 120 pts. FTSE is up 0.49%. DAX is up 0.48%. CAC is up 0.47%. German 10-year yield is up 0.014 at -0.369. Earlier in Asia, Nikkei dropped -0.55%. Singapore Strait Times dropped -1.81%. Japan 10-year JGB yield rose 0.0112 to -0.036. | 
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