The week is winding down and risk-appetites seem vulnerable even though the MSCI Asia Pacific Index pared its first weekly loss in four, led by gains in Tokyo and Hong Kong. With those gains, Japanese markets turned positive for the week, while Hong Kong's loss was narrowed to just below 5%. Europe's Dow Jones Stoxx 600 gave up its initial gains and is lower near midday in Europe. If it does not recover, its losing streak would extend to three weeks, the longest since before the vaccine was announced. US futures are heavier ahead of today's massive expiration of equity futures and options. The 10-year US Treasury is ... (full story)