 Overall market sentiments stabilized in Asia, after the massive risk-off trades in the US overnight. While Asia indexes are still down, losses are limited. Yen and Swiss franc are paring some gains but remain the overwhelmingly strongest ones. Commodity currencies are the weakest as led by Canadian Dollar. Dollar and Euro are mixed for now, stuck in between. Focuses will remain on whether concerns over delta variants of COVID-19 would spread further. Technically, one development to note is that Gold has rebounded notably after defending 1791.45 support. Rise from 1750.49 might not be over yet and is still in slight favor to resume through 1833.91 at a later stage. That also indicates some uncertainty over Dollar's strength, which is also reflected in lack of follow through selling in EUR/USD. We'd continue to monitor developments in Gold to double confirm the next move in the greenback. In Asia, at the time of writing, Nikkei is down -0.32%. Hong Kong HSI is down -0.39%. China Shanghai SSE is down -0.64%. Japan 10-year JGB yield is down -0.0072 at 0.011. Overnight, DOW dropped -2.09%. S&P 500 dropped -1.59%. NASDAQ dropped -1.06%. 10-year yield dropped -0.119 to 1.181. | 
