Today's currency market sees Euro gaining some traction, especially against Japanese Yen, which is underperforming alongside Australian Dollar. Despite RBA's hinting at a potential rate hike, Aussie is struggling, not only against major currencies but also against its commodity-linked counterparts. British Pound, too, is lagging behind despite UK reporting GDP figures marginally above expectations. Dollar is showing signs of firmness but is unable to muster a strong momentum to significantly build upon this week's recovery efforts. In commodity markets, Gold is slipping below 1950 handle again. WTI crude oil is experiencing stagnation, hovering around 76 mark, following a notable decline earlier in the week. While US 10-year Treasury yield showcased an impressive bounce yesterday, it has not managed to maintain the upward trajectory, suggesting caution among bond investors. A more optimistic note is seen in cryptocurrency market, where Bitcoin and Ethereum are showing significant bullish momentum. Bitcoin has successfully broken 37k mark, while Ethereum has powered through 2000 level, signaling intensifying investor interest in digital assets. Technically, Ether now looks set to break through 2141.75 resistance to resume the whole rebound from 878.50. Key resistance level lies in 38.2% retracement of 4863.75 to 878.50 at 2400.85. (Bitcoin has already broken equivalent fibonacci resistance. Decisive break there could pave the way to 61.8% retracement at 3341.38 in the medium term. In any case, outlook will stay bullish as long as 1849.05 support holds. In Europe, at the time of writing, FTSE is down -1.31%. DAX is down -0.68%. CAC is down -1.00%. Germany 10-year yield is up 0.0570 at 2.708. Earlier in Asia, Nikkei dropped -0.24%. Hong Kong HSI dropped -1.76%. China Shanghai SSE dropped -0.47%. Singapore Strait Times dropped -0.91%. Japan 10-year JGB yield rose 0.0153 to 0.857. | 