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Asia-Pac FX runs shy of virus......>

EMERGING MARKETS
EMERGING MARKETS: Asia-Pac FX runs shy of virus fears
- As markets watched new reports rolling in of the spread of the Coronavirus
from Wuhan and into further Chinese provinces as well as South Korea, Thailand,
Japan and Taiwan. As a result, regional markets shifted into safe havens, with
KRW, MYR and CNH all weaker against the JPY. HKD also traded well, following the
HIBOR settles as markets keep an eye on reports last week that Alibaba's finance
arm Ant Financial are reviving plans to float in Hong Kong.
- USD/KRW broke to multi-week highs overnight, narrowing the gap with 50-dma
resistance at 1170.59. Similar moves were seen as selling pressure emerged ahead
of the close in MYR, CNH and INR.
- Mexican unemployment rate numbers, Colombian trade balance data and South
Korean GDP for Q4 are the highlights Tuesday.

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