 There is basically no change in the Yen selloff theme in the markets. But buying focus has shifted to commodity currencies, as led by Aussie and Kiwi, as well as Sterling. Euro is turning a touch weaker after poor German sentiment data, while the Pound is supported by job data. Dollar is sluggish as traders await the next moves in US yields and stocks. Technically, CAD/JPY is set to take on 91.16 high as rally accelerates. Firm break there will resume larger up trend from 73.80 to 61.8% projection of 73.80 to 91.16 from 84.65 at 95.37. Such development could be a prelude to corresponding breakout in other commodity Yen crosses, like 85.78 high in AUD/JPY and 80.17 high in NZD/JPY. In Europe, at the time of writing, FTSE is down -0.48%. DAX is down -0.38%. CAC is down -0.58%. Germany 10-year yield is up 0.0016 at -0.117. Earlier in Asia, Nikkei dropped -0.94%. Hong Kong HSI dropped -1.43%. China Shanghai SSE rose 0.25%. Singapore Strait Times dropped -0.05%. Japan 10-year JGB yield dropped -0.0012 to 0.096. | 
