Markets are generally mixed as FOMC minutes overnight delivered basically what have be told. Asian stocks are mixed, following the US session. Gold and oil are both stuck in range. In the currency markets, Euro and Swiss Franc are paring some gains. But both stay as the best performer for the week so far. Sterling remains as the weakest, followed by Canadian. Focus will turn to ECB meeting accounts, but that's also unlikely to trigger much reactions. Technically, Euro's rally is making some progress, as EUR/CAD broke 1.4972 resistance that confirms short term bottoming at 1.4723. EUR/GBP did breached 0.8644 resistance too, but fails to sustain above there so far. Eyes will also be on 1.5605 resistance in EUR/AUD, as well as 130.65 resistance in EUR/JPY. Euro will have to break through these levels to solidify the turnaround. In Asia, currently, Nikkei is down -0.37%. Hong Kong HSI is up 0.87%. China Shanghai SSE is up 0.19%. Singapore Strait Times is down -0.01%. Japan 10-year JGB yield is down -0.001 at 0.100. Overnight, DOW rose 0.05%. S&P 500 rose 0.15%. NASDAQ dropped -0.07%. 10-year yield dropped -0.003 to 1.653. |
