Simmering tensions in the Taiwan Strait | 26 Enero 2021

USDJPY trading plan:

Asian stocks fell retreating from record highs as lingering concerns about potential roadblocks to the Biden administration's $1.9 trillion stimulus weighed on sentiment, dragging U.S. Treasury yields to three-week lows. South Korea and Hong Kong topped losers and fell more than 2% each, Japan slipped 0.9% and Chinese stocks shed 1.6%. All touched milestone highs earlier this month. MSCI's broadest index of Asia-Pacific shares outside Japan shed 1.5% to 717.3. Simmering tensions in the Taiwan Strait and the South China Sea also added to the reasons for caution in Chinese markets, where a jump in small-cap short bets has also caught regulators' attention.

Investment idea: range 103.40 -104.10.