Swiss Franc is in deep selloff again today as risk sentiment further stabilized in the markets. European indices rebound broadly while US futures point to higher open. Global bond markets also turned mixed for now. Euro and Yen are following as next weakest. Meanwhile, Canadian Dollar is leading other commodity currencies higher. Dollar and Sterling are mixed for now. Technically, EUR/AUD could be a focus with RBA rate decision featured in the upcoming Asian session. It's so far bounded inside near term falling channel despite last week's strong rebound. Break of 1.5487 minor support will suggest completion of the rebound and bring retest of 1.5250 low. In Europe, currently, FTSE is up 1.32%. DAX is up 1.05%. CAC is up 1.36%. Germany 10-year yield is down -0.0602 at -0.319. Earlier in Asia, Nikkei rose 2.41%. Hong Kong HSI rose 1.63%. China Shanghai SSE rose 1.21%. Singapore Strait Times rose 0.81%. Japan 10-year JGB yield dropped -0.0016 to 0.157. |