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Average erased all the gains it made on wednesday. The index is lower by 3. 5 . 17,087. Investors sold shares across all sectors on a stronger yen. Overnight, benchmark Brent Crude Oil fell to below 30 a barrel for the First Time Since april 2004 on the back of a Global Supply glut and weak demand from a slowing demand in china. Lets take a look at currencies, the dollaryen pair trading well below the 118 level again. Currently at the mid 117 levels. And the greenback let go some of its gains overnight due to risk aversion. The dollar euro, that pair is 1. 08. The Federal Reserve official commented that kbloebl risks could set the course for a gradual rate hike this year. Lets look at markets across the Asia Pacific Region and see what is happening. We are seeing losses. So far this morning, australia shares down 1. 5 . Over in seoul, the cost k kospi is down 4. 5 . Theres a sharp decline in machinery orders. That means managers are spending a lot less on equipment and facilities. The

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