Markets are keeping a calmer mood so far today
The risk aversion seen in trading yesterday is starting to abate a little, as traders and investors start the day with a sense of calm and are taking in coronavirus headlines in stride.
US futures are up by 0.6% while Treasuries are keeping more steady near flat levels, allowing yen pairs to creep a little higher with USD/JPY just above 109.00 currently.
The rest of the major currencies space is little changed, with the pound a tad weaker but nothing too notable. Meanwhile, the aussie and kiwi are also staying more calm as the offshore yuan keeps a little firmer in trading today.
It's still all about the risk mood at the moment and that focus should continue into North American trading today. It is going to be a question of whether or not coronavirus fears will trump greed - or hopes of greed at least - with Apple earnings also set to come.
