 Dollar and Euro are trading as the two weakest ones today as pressured by renewed threats of escalation in global trade war. While trade talks with China continue to drag on, US is preparing to start another battle targeting EU. Meanwhile, Sterling is trading generally firm, but bounded in range, as markets some concrete developments on Brexit. Yen follows as the second strongest with mixed stock markets. Technically, EUR/USD has yet to break through 1.1273 minor resistance decisively. Thus, near term outlook stays bearish for another fall through 1.1176 low. But then, firm break of 1.1273 will indicate short term bottoming and bring stronger rebound back to 1.1448 resistance. USD/JPY is also holding above 111.18 minor support, which will remain a focus today. In Asia, Nikkei closed up 0.07%. Hong Kong HSI is up 0.24%. China Shanghai SSE is down -0.35%. Singapore Strait Times is up 0.13%. Japan 10-year JGB yield is up 0.0034 at -0.042. Overnight, DOW dropped -0.32%. S&P 500 rose 0.10%. NASDAQ rose 0.19%. 10-year yield rose 0.018 to 2.519. | 
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