 Yen rises broadly today as global treasury yields appear to be turning south. In particular, US 10-year yield is back below 0.7 handle in pre-markets. Dollar is pressured but holds on to recently established range. But overall markets are mixed with major European indices bounded in tight range. Australian and New Zealand Dollar continue to diverge, with the latter having general elections postponed due to coronavirus outbreak. Gold is mildly higher but stays well below 2000 handle so far. WTI crude oil is back below 42. Technically, Yen crosses are back in focuses today. Both EUR/JPY and GBP/JPY display loss of upside momentum as seen in 4 hour MACDs. But near term outlook will stay bullish as long as 124.31 and 137.84 support levels hold respectively. Similarly, USD/JPY's rebound from 104.18 is expected to resume sooner or later as long as 105.30 support holds. While EUR/USD attempt a rally earlier today, it seems there is no follow through momentum to send it through 1.1916 resistance yet. In Europe, currently, FTSE is up 0.58%. DAX is up 0.26%. CAC is up 0.17%. German 10-year yield is down -0.0099 at -0.429. Earlier in Asia, Nikkei dropped -0.83%. Hong Kong HSI rose 0.65%. China Shanghai SSE rose 2.34%. Singapore Strait Times dropped -0.38%. Japan 10-year JGB yield dropped -0.0064 to 0.044. | 
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