The USD and JPY gains continued in early Asia but were mostly linked to opportunistic targeting of stops on the EUR, GBP and CHF, rather than fresh fundamental factors. EUR-USD triggered stops under 1.3550 for a fall to 1.3525 while USD-CHF targeted stops above 1.1100 for a rally to 1.1121, and GBP-USD triggered stops under 1.5120 for a slide to 1.5100. Attempts to trigger stops under 0.7500 on the AUD, under 0.5880 on NZD and under 95.00 on USD-JPY all failed. However, the risk is still see for further USD and JPY strength that is expected to see EUR-USD edge under 1.3500 and USD-JPY trade to 92.00-93.00 in sessions ahead. Asian stock markets were all broadly lower with Australian and Japanese markets dropping over 2%. The fall in Asia stocks kept pressure on U.S. Treasury yields which edge lower. Commodities were also pressured on renewed global growth concerns with copper down 4% and oil remaining under pressure.