 Australian and New Zealand Dollars have very different fortunes today. Aussie was boosted higher by stronger than expected Chinese data. On the other hand, Kiwi dived as weaker than expected CPI raises the chance of RBNZ rate cut at next meeting. In between, Euro is the second strongest so far, followed by Sterling. Dollar is the second weakest, followed by Yen. Focus will turn to more inflation data from UK and Canada today. Technically, AUD/USD's choppy rise resumed and edged higher to 0.7205. Further rise is mildly in favor towards 0.7295 resistance. EUR/AUD's break of 1.5721 support now suggests resumption of fall form 1.6765. USD/JPY edged higher and breached 112.13 key resistance. But there is no follow through buying to push it through this key resistance yet. In Asia, Nikkei is currently up 0.30%. Hong Kong HSI is down -0.13%. China Shanghai SSE is up 0.15%. Singapore Strait Times is up 0.44%. Japan 10-year JGB yield is up 0.012 at -0.008. Overnight, DOW rose 0.26%. S&P 500 rose 0.05%. NASDAQ rose 0.30%. 10-year yield rose 0.039 to 2.592. 10-year yield could have a take on 2.6 handle today and firm break could give Dollar a lift. | 
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