 Markets are generally stuck in tight range in Asian session today, with better than expected data from China providing no inspirations. Dollar is staying in consolidations in tight range, with no sign of a sustainably rebound yet. Similarly, Yen is in retreat in rather shallow manner. Volatility might start to jump with UK employment and Canada CPI featured today, while the US will be back from holiday. Technically, GBP/CAD would be an interesting one to watch today. Pull back from 1.6846 short term top is contained by 55 day EMA so far. Break above 1.6433 minor resistance will argue that such correction has completed, and bring stronger rise to retest 1.6846 high. On the other hand, break of 1.6099 will extend the fall from 1.6846 to 1.5811 cluster support (38.2% retracement of 1.4069 to 1.6846), even as a corrective move. In Asia, Nikkei closed up 1.23%. Hong Kong HSI is down -1.07%. China Shanghai SSE is down -0.13%. Singapore Strait Times is down -0.16%. Japan 10-year JGB yield is down -0.0056 at 0.509. | 
