Markets are staying in risk aversion today with heavy selling in stocks. Expectations on the negotiation between Ukrainian President Volodymyr Zelenskyy and Russian President Vladimir Putin are low. Meanwhile, other markets are relatively steady. In forex, Swiss Franc, Yen and Dollar are still the stronger ones ,while Euro is the weakest. But still, most pairs and crosses are staying inside last week's range. Technically, commodity currencies are rather resilient in the risk aversion environment. If sentiment improves, there are prospects of further rally. Attention will be on 0.7282 temporary top in AUD/USD and 1.2680 support in USD/CAD. Break of these levels could trigger more buying in Aussie and Loonie. In Europe, at the time of writing, FTSE is down -1.48%. DAX is down -2.31%. CAC is down -2.95%. Germany 10-year yield is down -0.052 at 0.178. Earlier in Asia, Nikkei rose 0.19%. Hong Kong HSI dropped -0.24%. China Shanghai SSE rose 0.32%. Singapore Strait Times dropped -1.59%. Japan 10-year JGB yield dropped -0.023 at 0.185. |