 The markets are steady in Asia in a quiet start to the week. Euro is softening slightly, paring some of last week's gain. Aussie and Kiwi also turn weaker on mild risk aversion. On the other hand, Dollar and Canadian are both regaining some grounds. It's a relatively light week in terms of economic data and events. But US consumer inflation data on Thursday as every potential to give the markets a bang. Technically, an immediate focus is 1.1482 resistance in EUR/USD. Firm break there would confirm medium term bottoming at 1.1120, on bullish convergence condition in daily MACD. Stronger rise should at least be seen to 38.2% retracement of 1.2348 to 1.1120 at 1.1589, with prospect of reversing whole down trend from 1.2348. In Asia, at the time of writing, Nikkei is down -0.91%. Hong Kong HSI is down -0.47%. China Shanghai SSE is up 1.91%. Singapore Strait Times is up 0.23%. Japan 10-year JGB yield is up 0.0029 at 0.204, standing firm above 0.2 handle. | 
