 Risk markets turned mixed today as investors appear to be turning from optimism to cautiousness. Hong Kong stock suffered steep losses on escalating US-China tension. The selloff somewhat carries forward to European markets. Yet, US markets open with slight gains. In the currency markets, Euro is leading the way higher today, trying to catch up with Australian Dollar. Yen Sterling and Dollar are the worst performing so far. Gold is taking a breath for now, but it's still on track to extend up trend to retest prior record high. Technically, the selloff in Yen is a development to note. Even the weak USD/JPY rebounds strongly ahead of 106.63 near term support. Focus is back on 107.54 minor resistance and break will target 108.16 resistance next. EUR/JPY is now close to 124.43 high and break will resume larger rise from 114.42. GBP/JPY also recovers after some shallow retreat and break of 135.34 will resume near term rebound from 131.68 to 139.73 resistance. AUD/USD also followed the path of AUD/USD and break 76.78 short term top today, resuming the whole rise form 59.89 low. In Europe, currently, FTSE is down -0.78%. DAX is down -0.51%. CAC is down -1.19%. German 10-yaer yield is down -0.0297 at -0.488. Earlier in Asia, Nikkei dropped -0.58%. Hong Kong HSI dropped -2.25%. China Shanghai SSE rose 0.37%. Singapore Strait Times dropped -1.33%. Japan 10-year JGB yield dropped -0.0004 to 0.017. | 
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