The Nikkei falls back below its 200-day moving average
Equities are feeling a painful pinch as we begin European morning trade with coronavirus jitters coming back to haunt markets in general to start the new week.
US futures are down by ~3% and that is weighing heavily on risk sentiment across the board, with Asian equities suffering heavily in the closing stages as well.
The Hang Seng is down by 2.1% while the Shanghai Composite is down by 0.9% now.
In the currencies space, the dollar and yen are holding firmer as such with Treasury yields being weighed lower also helping the yen to stay underpinned.
AUD/USD is down by over 1% on the day with AUD/JPY similarly lower - now at 72.70 - and starting to move towards its 200-day moving average @ 72.25.
