 Sterling is given a mild lift after EU grants UK Article 50 delay till October 31. Even though it's still uncertain how Prime Minister Theresa May could get the Withdrawal Agreement through the parliament, the cliff-edge is at least pushed for nearly six months. The Pound is, after all, staying in familiar range without any direction. Dollar is mixed for now after FOMC minutes solidified Fed's patience stance. It's a consensus among policy makers Fed will stand pat for the rest of the year. Inflation is close to target without little sign of heating up. Fed indeed has a lot of room to keep interest rates at current level for longer. At the same time, several members noted their openness to rate cut should development warrants it. It could depend on how the risks play out. Euro is mixed too. The dovish ECB meeting yesterday triggered some knee jerk reactions. But the common currency quickly found its footing. Yet, Euro could be vulnerable to another selloff as Trumps looks determined to escalate political and trade tensions with the EU. In a tweet, Trump blamed EU for being "tough" on the UK and Brexit, just after they approved a "flexible" extension that UK could leave any time. And he condemned that EU is a "brutal trading partner" with the US. For the week, Aussie is the far the strongest one, followed by Yen. While risk aversion is not apparent, both seem to be lifted by falling treasury yields elsewhere. US 10-year yield is back at 2.477 while Germany 10-year yield is negative. There was no extra bearish development in Australia to push RBA to deliver a rate cut yet. Swiss Franc is the weakest one, thanks to rally in oil prices. Dollar follows as second weakest. In Asia, currently, Nikkei is down -0.05%. Hong Kong HSI is down -0.92%. China Shanghai SSE is down -1.36%. Singapore Strait Times is up 0.23%. Japan 10-year JGB yield is down -0.003 at -0.059, staying well negative. Overnight, DOW rose 0.03%. S&P 500 rose 0.35%. NASDAQ rose 0.69%. 10-year yield dropped -0.022 to 2.477. | 
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