European stocks are recovering mildly as Ukraine is going to have another round of talks. But overall sentiment is vulnerable is Russia continues massive shelling and there is no sign of a real stop in its invasion. In the currency markets, Yen's broad based decline continues today, but Aussie is the weakest, partly weighed down by the weakness in Chinese stock markets. Euro is currently the strongest one, followed by Sterling and then Dollar. Technically, EUR/JPY resumed the rebound from 124.37 after brief retreat. That's a positive sign for Euro. But still, EUR/USD has to firmly take out 1.1120 support turned resistance to confirm short term bottoming. Otherwise, the larger down trend is still in favor to resume through 1.0805 at a later stage. That would keep rebound in Euro elsewhere capped. In Europe, at the time of writing, FTSE is up 0.22%. DAX is up 2.25%. CAC is up 1.59%. Germany 10-year yield is up 0.947 at 0.345. Earlier in Asia, Nikkei rose 0.59%. Hong Kong HSI dropped -4.97%. China Shanghai SSE dropped -2.60%. Singapore Strait Times dropped -0.54%. Japan 10-year JGB yield rose 0.0113 to 0.195. | 