 The markets are overall mixed today, as investors are holding their breath, awaiting confirmation on whether Russia is going to invade Ukraine, or not. Gold jumps notably and is now eyeing 1900 handle on nervous sentiment. In the currency markets, Yen is currently the stronger one, followed by Kiwi and then Sterling. Canadian Dollar is the weakest, followed by Dollar. There isn't a very clear direction yet. Technically, USD/JPY's break of 115.00 temporary low is in line with the view that fall from 116.33 is still in progress, as the third leg of the corrective pattern from 116.34. Attention will be on whether EUR/JPY would follow by breaking through 130.03, and whether GBP/JPY would break 155.11. In Europe, at the time of writing, FTSE is down -0.57%. DAX is down -0.19%. CAC is up 0.12%. Germany 10-year yield is down -0.0303 at 0.247. Earlier in Asia, Nikkei dropped -0.83%. Hong Kong HSI rose 0.30%. China Shanghai SSE rose 0.06%. Singapore Strait Times rose 0.07%. Japan 10-year JGB yield rose 0.0026 to 0.224. |
