Overall, the financial markets are mixed as investor sentiment stabilized. European indices are already reversing initial losses while US futures point to higher open. Commodity currencies are staying generally weak. But buying focus is turning away from Dollar and Yen, to Euro. At the time of writing, the common currency is already the best performing one for the day. There is some upside prospect for the rest of the week. Technically, EUR/USD managed to defend 1.2052 support so far, providing no additional bearish signal. Focus could be back on 1.2188 minor resistance for indication of stronger rebound. On the other hand, EUR/JPY already breaks 126.39 resistance to resume the rebound from 125.07. A focus now is whether EUR/CHF would break through 1.0798 resistance to solidify upside momentum. In Europe, currently, FTSE is down -0.62%. DAC is down -0.08%. CAC is up 0.53%. Germany 10-year yield is up 0.0030 at -0.541. Earlier in Asia, Nikkei dropped -1.53%. Hong Kong HSI dropped -2.55%. China Shanghai SSE dropped -1.91%. Singapore Strait Times dropped -1.30%. Japan 10-year JGB yield dropped -0.0056 to 0.037. | 