*Market Comment* *Market Wrap: Stocks, Bonds, Commodities* On Thursday, U.S. stocks encountered another sell-off, with the S&P 500 falling 94 points (-1.59%) to 5,861, the Nasdaq 100 tumbling 581 points (-2.75%) to 20,550, and the Dow Jones Industrial Average down 193 points (-0.45%) to 43,239. The latest number of U.S. initial jobless jumped to 242,000 (vs 225,000 expected, 219,000 in the prior week). U.S. data showed that gross domestic product grew at a 2.3% annualized rate in the fourth quarter, down from 3.1% in the third quarter. Also weighing on market sentiment, U.S. President Donald Trump confirmed that 25% tariffs on Canada and Mexico will take effect on March 4, and that China will be charged an additional 10% tariff. The U.S. 10-Year Treasury yield rebounded 2 basis points to 4.270%. Nvidia (NVDA) slid 8.48%. Despite the maker of artificial-intelligence-related chips posted better-than-expected results and revenue guidance, investors with high expectations were still not satisfied. Meanwhile, chip-maker peers Broadcom (AVGO) fell 7.11%, and Advanced Micro Devices (AMD) lost 4.99%. Ebay (EBAY) sank 8.19%. The global e-commerce giant's current-quarter sales guidance fell short of market expectations. Beyond Meat (BYND) tumbled 10.67%. The maker of plant-based meat alternatives gave a lower-than-expected full-year sales forecast. On the other hand, Snowflake (SNOW) gained 4.51%. The software developer's quarterly earnings surpassed market expectations. In Europe, the DAX 40 fell 1.07%, the CAC 40 dropped 0.51%, while the FTSE 100 closed 0.28% higher. U.S. WTI crude-oil futures rebounded 1.48 dollars (+2.16%) to 70.11 dollars a barrel. Oil prices jumped after U.S. President Donald Trump indicated that he would revoke a licence given to oil major Chevron to operate in Venezuela. Gold price slipped 38 dollars (-1.34%) to 2,877 dollars an ounce. *Market Wrap: Forex* The U.S. dollar strengthened quickly, boosted by President Trump's confirmation of tariffs on Canada, Mexico and China. The dollar index jumped 0.8% to 107.27. Another set of major U.S. inflation data -- personal consumption expenditure prices -- will be released later today. EUR/USD fell 82 pips to 1.0401. France's producer prices dropped 2.1% year on year on January (vs -2.4% expected, -3.8% in December). USD/JPY gained 61 pips to 149.69. GBP/USD slipped 73 pips to 1.2599, and AUD/USD declined 73 pips to 0.6233. USD/CHF advanced 46 pips to 0.8993, and USD/CAD climbed 103 pips to 1.4440. Bitcoin struggled to stabilize at levels around 84,000 dollars. *Morning Trading* In Asian trading hours, USD/JPY eased to 149.55. Japan's industrial production fell 1.1% month-on-month in January, compared with an expected decline of 1.2%, while retail sales grew 3.9% year-on-year, below 4.0% estimated. Meanwhile, EUR/USD dropped to 1.0385 and GBP/USD fell to 1.2586. Gold was down to 2,872 dollars. Bitcoin traded lower at 81,320 dollars. *Expected Today* Germany's retail sales are estimated to increase by 0.2% month-on-month in January, while jobless rate is expected to be steady at 6.2% in February and inflation rate is anticipated to ease to 2.2% year-on-year. France's inflation rate is expected to slow to 1.4% year-on-year in February, while final reading of fourth quarter gross domestic product is estimated to be up 0.7% year-on-year. U.K. Nationwide housing prices are expected to be up 0.3% month-on-month in February. In the U.S., core personal consumption expenditures price index is estimated to grow 0.4% month-on-month in January, while personal spending and personal income are both expected to increase by 0.3%. Also, Chicago purchasing managers index is anticipated to climb to 42.0 in February. Canada's fourth quarter annualized gross domestic product is expected to grow 1.7% quarter-on-quarter.