 The markets opened the week with mild risk aversion, in response to continuously surging global coronavirus cases. Japanese stock was additionally weighed down by poor retail sales data. But outside of Japan, losses are relatively limited. European indices have indeed opened mixed only while US futures are slightly up. In the currency markets, Dollar turned mildly softer against European majors but appears to regain footing quickly. Overall, trading is rather subdued. Technically, Gold is eyeing 1779.16 temporary top and break will resume recent up trend. Near term support WTI crude oil is also eyeing 36.87 temporary low and break will extend the corrective pull back from 41.39 to 34.36 support. Such developments might finally trigger downside break out in CAD/JPY through 78.02 support, and probably 72.52 support in AUD/JPY too. These development could be the indications of come back of risk aversion. In Asia, Nikkei closed down -2.30%. Hong Kong HSI is down -0.98%. China Shanghai SSE is down -0.61%. Singapore Strait Times is down -1.07%. Japan 10-yaer JGB yield is up 0.0023 at 0.013. | 
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