Lower AUD, lower stocks - add this catalyst into the mix

A catalyst for the sharp gap lower in US equity futures and lower currencies here in Asia to kick off the week are US-China tensions

• US Secretary of State says 'enormous evidence' exists that COVID-19 spread from Wuhan lab

• Leaked US security report blames China concealing the severity of the coronavirus outbreak

North / South Korea not helping either:

• North and South Korea - shots fired between the two in the Demilitarised Zone

Add Warren Buffet into the mix too - he has bailed out of US airline stocks and is struggling to find much value elsewhere in the US stock market:

• Warren Buffett: If you print bonds in your own currency, what happens to the currency can be a question