The overall markets continue to tread water in early US session. Two Fed officials expressed their support for tapering, but investors are probably still waiting for Chair Jerome Powell's Jackson Hole speech to take action. There is also little reaction to stronger than expected PCE inflation data. Commodity currencies are still the strongest ones for the week while Yen, Swiss Franc and Dollar are the weakest. We'll see if the positions change in the final hours. Technically, we'll keep an eye on Gold to double confirm Dollar's next move. The retreat from 1809.35 was contained comfortably above 1744.14 minor support, maintaining mild near term bullishness. Break of 1809.35 will target 1832.47 resistance. Firm break there would be a strong sign of near term bullish reversal and target 1916.30 resistance that. That could affirm Dollar selloff if happens. In Europe, at the time of writing, FTSE is down -0.09%. DAX is down -0.06%. CAC is down -0.22%. Germany 10-year yield is down -0.0081 at -0.414, still not power through -0.4 handle. Earlier in Asia, Nikkei dropped -0.36%. Hong Kong HSI dropped -0.03%. China Shanghai SSE rose 0.59%. Singapore Strait Times dropped -0.92%. | 