Mixed markets in Asia amid coronavirus concerns still

Nikkei 31-01

Japanese stocks are mostly taking their cue from Wall Street after the overnight surge higher, brushing aside fears surrounding the coronavirus outbreak situation.

The WHO officially declared the outbreak a global emergency but limited their warning by saying that "there is no reason for measures that unnecessarily interfere with international travel and trade" to/with China for now.

The Hang Seng index is down by 0.4% with some softer tones also observed in other regional stocks. US futures are keeping more calm though, staying near flat levels currently.

As such, USD/JPY is still keeping a tad higher around 109.05 ahead of European trading.