 Sterling strengthens broadly today but upside is capped as markets are now watching Brexit debate in the Commons. The opening statement of May was rather dull as she repeated the pledge to deliver Brexit. Meanwhile the situation got more complicated and confusing today as other alternatives emerge, most notably the so-called Malthouse Compromise. The Pound will likely be confined in tight range until UK politicians show what exactly they're going to do next. Staying in the currency markets, New Zealand Dollar is the second strongest one for today, followed by Canadian Dollar. Swiss Franc and Yen are the weakest as European stocks reversed early losses and are trading generally higher. Dollar is mixed as the markets await more information regarding US-China trade negotiations. But for now, only Treasury Secretary Steven Mnuchin has come out to say that Huawei's case and trade talks are "separate issues". Technically, major pairs and crosses are generally bounded in very tight range. GBPUSD is back pressing 1.3174 key resistance. EUR/GBP also lost momentum ahead of 0.8725 minor resistance and could be heading back to 0.8620 key support. These two levels are crucial to decide Sterling's next short to medium term move. In other markets, FTSE is currently up 1.33%, DAX is up 0.22%, CAC is up 1.11%. German 10-year yield is down -0.0026 to 0.205. Earlier in Asia, Nikkei rose 0.08%. Hong Kong HSI dropped -0.16%. China Shanghai SSE dropped -0.10%. Singapore Strait Times dropped -0.37%. Japan 10-year JGB yield rose 0.005 to 0.005. | 
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