US stocks tumbled sharply overnight after the West unveiled a wave a sanctions on Russia's invasion on Ukraine, and warned that more are underway. But other markets were pretty steady, with Asian markets trading mildly higher. Gold is struggling to stand above 1900 handle. WTI crude oil is also gyrating below 96. In the currency markets, New Zealand dollar rises broadly after more hawkish than expected RBNZ rate hike. Aussie and Canadian Dollar are following next. Dollar is the softest for today, followed by Euro and Yen. Sterling and Swiss Franc are mixed. There is no clear safe-haven flow in the forex markets. Technically, some attention will be paid to Gold. Firm break of 1879.24 minor support will confirm short term topping at 1913.79. Deeper pull back could be seen back to 1853.70 resistance turned support and possibly below. That, if happens, might be a sign of reverse safe-haven flows in other markets. In Asia, at the time of writing, Hong Kong HSI is up 0.84%. China Shanghai SSE is up 0.78%. Singapore Strait Times is down -0.35%. Japan is on holiday. Overnight, DOW dropped -1.42%. S&P 500 dropped -1.01%. NASDAQ dropped -1.23%. 10-year yield rose 0.016 to 1.948. | 