JGB futures drew some support from the.........>

JGBS: JGB futures drew some support from the broader risk aversion evident

during the overnight session, adding 13 ticks vs. Tokyo settlement, although

bulls couldn't force a real extension through the Tokyo highs.

- Economy Minister Nishimura pointed to weakness in department stores, owing to

both a fall in business from both Chinese and Japanese customers. He noted that

this "warrants attention." There are also worries that Coronavirus outbreak

could hamper the annual Shunto wage negotiation, and ever growing fears re:

technical recession.

- BoJ Governor Kuroda noted that the virus is currently the biggest threat to

the economy, while reiterating that the BoJ will not hesitate re: further action

if required.

- Fresh cases of Coronavirus from the Diamond Princess continue to trickle in.

- CPI, flash PMIs & BoJ 1-10 Year Rinban ops headline today.