Dollar remains the weakest one for the week as markets head towards weekly close. The greenback was weighed down by a string of weaker than expected economic data. Additionally, as December 15 natural deadline looms, it's still uncertain whether US and China could complete the phase one trade deal to avert next round of tariffs. The greenback will need some very solid job data from non-farm payrolls to reverse this week's decline. Staying in the currency markets, Euro and Yen are currently among the weakest for the week. Canadian Dollar staged a strong rebound as BoC comments lowered the chance of rate cut. But the Loonie is still trading lower for the week against all but Dollar. On the other hand, Sterling and New Zealand Dollars are the strongest ones, followed by Swiss Franc. In Asia, Nikkei closed up 0.23%. Hong Kong HSI is up 0.98%. China Shanghai SSE is up 0.43%. Singapore Strait Times is up 0.23%. Japan 10-year JGB yield is up 0.0274 at -0.012, very close to 0%. Overnight, DO rose 0.10%. S&P 500 rose 0.15%. NASDAQ rose 0.05%. 10-year yield rose 0.016 to 1.797, failed to regain 1.8 handle. |