Asian markets open the week generally higher today, shrugging off the steep selloff in the US on Friday. Australian and New Zealand Dollar firm up mildly. But Sterling is so far the better one, as markets await BoE's affirmation on not using negative rates. Dollar, and Euro turn softer together with Swiss Franc. Gold trades mildly higher but struggles to breakout from near term range. WTI oil is also staying in sideway trading. Technically, we'd continue to pay attention to EUR/USD, which is bounded in range of 1.2052/2188. Breakout from there could give a strong indication on whether Dollar is heading to next. Yen's recovery is too weak to warrant bottoming. EUR/JPY could also have a take on 127.48 resistance, and break there would resume larger rally from 114.42. In Asia, currently, Nikkei is up 1.29%. Hong Kong HSI is up 1.91%. China Shanghai SSE is up 0.10%. Singapore Strait Times is down -0.05%. Japan 10-year JGB yield is up 0.0030 at 0.059, pretty firm. | 