Positive sentiment sent German DAX to new record high today, while US futures point to a firm open. Investors are becoming more optimistic on the upcoming recovery, as seen in Eurozone Sentix data. IMF also raised growth forecast of the whole world and all advanced economies. The movements in the forecast markets are mixed though. Sterling is suffering some selling as recent rises lose steam. Canadian Dollar is following as the next weakest for today. Yen, Euro and Swiss Franc are surprisingly the strongest ones. Technically, GBP/JPY's break of 152.27 minor support suggests temporary topping at 153.39. EUR/GBP's break of 0.8532 minor resistance also indicates temporary bottoming at 0.8470. One focus is now on 1.3808 minor support in GBP/USD. Break there will argue that near term rebound from 1.3669 has completed, and turn focus back to this low. That might be an indication for more broad based pull back in the Pound. In Europe, currently, FTSE is up 1.14%. DAX is up 0.95%. CAC is up 0.44%. Germany 10-year yield is u p0.018 at -0.307. Earlier in Asia, Nikkei dropped -1.30%. China Shanghai SSE dropped -0.04%. Singapore Strait Times dropped -0.07%. Japan 10-year JGB yield dropped -0.010 to 0.111. | 