Yen and Dollar are both staying in the driving seat as risk-off sentiment continues to dominate the markets. Sterling remains the worst performing one, followed by Euro, with selling focus mainly on them. Australian Dollar recovers mildly as stronger than expected CPI data prompted some speculations that RBA could hike next week. But it's not too far away from Euro and Sterling in terms of weakness. Technically, Gold is currently still struggling around 1900 handle but looks rather vulnerable. The fall from 1988.23 is seen as the third leg of the pattern from 2070.06. Deeper decline is expected as long as 1920.97 minor resistance holds. Break of 1889.79 will target 100% projection of 2070.06 to 1889.79 from 1998.23 at 1817.98. The move could be accompanied by another wave broad based buying in Dollar. In Asia, at the time of writing, Nikkei is down -1.38%. Hong Kong HSI is up 0.09%. China Shanghai SSE is up 0.38%. Singapore Strait Times is down -0.09%. Japan 10-year JGB yield is down -0.0013 at 0.246. Overnight, DOW dropped -2.38%. S&P 500 dropped -2.81%. NASDAQ dropped -3.95%. 10-year yield dropped -0.054 to 2.772. | 