Asian markets are generally mixed despite some solid data from Japan, China and New Zealand. Yen is lifted mildly by the relatively optimistic economic outlook. Sterling is also slightly firmer after UK Foreign Minister Dominic Raab indicated Brexit negotiations are "down to really two basic issues" only. Dollar, Canadian and Euro are the weaker ones. Nevertheless, major movement is found in Gold, which finally dives through 1800 handle. Technically, focus will remain on whether Dollar would finally drop through key near term support levels, including 1.2011 resistance in EUR/USD, 0.7413 resistance in AUD/USD, and 1.2928 support in USD/CAD. Also, eyes will be on the next move in Sterling in response to Brexit talk progress, with focuses on 0.9004 resistance in EUR/GBP and 1.1989 support in GBP/CHF. In Asia, currently, Nikkei is down -0.56%. Hong Kong HSI is down -0.50%. China Shanghai SSE is up 1.07%. Singapore Strait Times is down -0.49%. Japan 10-year JGB yield is up 0.0025 at 0.032. |