 Global coronavirus outbreak remain the main theme but markets are having kind of different reactions. US stocks extended this week's steep decline overnight, down selling pressure seemed to have eased a bit. Nikkei is leading Asian markets low but Chinese stocks are relatively resilient. In the currency markets, commodity currencies remain weakest without a doubt while Yen is the strongest. A point to note is that Euro seems to be gaining some upside momentum quietly even though it's uncertainty for how long that could sustain. Technically, EUR/AUD finally took out 1.6593 resistance to resume whole rise fro 1.5962. Retest of 1.6786 high should be seen next. USD/CAD broke 1.3329 resistance to resume rally from 1.2951. It should now head to retest 1.3664 key resistance. EUR/GBP resumes the rebound form 0.8282 after breaking 0.8415 temporary top. Such rise is seen as the third leg of the consolidation pattern from 0.8276, and should target 0.8537/8595 resistance zone. In Asia, currently, Nikkei is trading down -1.79%. Hong Kong HSI is down -0.57%. China Shanghai SSE is up 0.51%. Singapore Strait Times is down -0.72%. Japan 10-year JGB yield is down -0.0128 at -0.106. Overnight, DOW dropped -0.46%. S&P 500 dropped -0.38%. NASDAQ rose 0.17%. 10-year yield dropped -0.020 to 1.310, after hitting new record low at 1.302. | 
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