 Asian markets are cautiously optimistic as worries over Russia-Ukraine situation eased. While there are reports of cyber attacks by Russia on Ukraine's defence ministry and banks, investors are still calm. If the risks of war do vanish, hopefully, focuses will be turned back to Fed's tightening pace, which might be shed some lights on by FOMC minutes to be published today. In the currency markets, major pairs are crosses are largely staying inside last week's range. Euro had recovered some ground, together with Aussie. The common currency is also supported from mildly hawkish comments from ECB officials. Yen and Swiss Franc had turned weaker. Dollar is mixed for the moment, awaiting guidance from US data and Fed minutes. Technically, with Canada CPI also featured, attention will be on USD/CAD today. For now, further rise is expected with 1.2634 support intact. Break of 1.2795 will resume the rally from 1.2448 to retest 1.2963 resistance. But break of 1.2634 will turn focus back to 1.2448 support instead. In Asia, at the time of writing, Nikkei is up 2.13%. Hong Kong HSI is up 1.31%. China Shanghai SSE is up 0.71%. Singapore Strait Times is up 0.18%. Overnight, DOW rose 1.22%. S&P 500 rose 1.58%, NASDAQ rose 2.53%. 10-year yield rose 0.049 to 2.045. | 
