 Overall outlook in the markets are unchanged, with US futures pointing to slightly higher open. DOW and S&P 500 could continue their record runs. Selloff in Yen remains the main theme while Sterling is strong together with Aussie and Kiwi. Euro and Dollar are both soft and bounded in range against each other. Technically, a range breakout in EUR/USD is long overdue. But we'd probably wait till 2022 to happen. It's rather hard to predict which side the breakout would be. Pure on EUR/USD's technically, the down trend from 1.2348 should continue. This is in line with the outlook in EUR/GBP, EUR/CHF and even EUR/AUD. We'll see. In Europe, at the time of writing, FTSE is up 0.05%. DAX is up 0.21%. CAC is up 0.29%. Germany 10-year yield is down -0.0188 at -0.202. Earlier in Asia, Nikkei dropped -0.40%. Hong Kong HSI rose 0.11%. China Shanghai SSE rose 0.62%. Singapore Strait Times dropped -0.36%. Japan 10-year JGB yield rose 0.012 to 0.072. Happy new year our readers. We'll be back on Jan 4. | 
