 Swiss Franc regains much ground today in mixed financial markets. Optimism over US corporate earnings had virtually no impact in Asian and European markets. Instead, European stocks turned mixed after German Ifo business confidence turned south again after brief recovery last month. German 10-year yield also suffers rather steep decline, and is threatening to turn negative again. Though, Sterling is displaying some resilience, mainly because there's nothing to trade on. On the handle hand, Australian Dollar remains the weakest one for today as much weaker than expected CPI raises the chance of an RBA rate cut in second half. New Zealand Dollar follows as second as RBNZ could cut even earlier in May. Euro is currently the third weakest as pull back in EUR/CHF extends. Canadian Dollar is turning cautious, awaiting BoC rate decision. BoC is widely expected to keep interest rate unchanged at 1.75%. It's not totally sure if BoC would drop tightening bias today. If not, there is prospect of a rebound in the loonie. Technically, 1.3467 resistance in USD/CAD will be a major focus in US session. Decisive break will resume whole rebound from 1.3068 towards 1.3664 high. Rejection will delay the bullish case and extend the consolidation from 1.3467 with another fall. EUR/USD might have another attempt towards 1.1176 key support again. Decisive break there will resume larger down trend from 1.2555. AUD/USD is also eyeing 0.7003 support after today's free fall. In Europe, currently, FTSE is down -0.60%. DAX is up 0.52%. CAC is down -0.35%. German 10-year yield is down -0.044 at 0.00. Earlier in Asia, Nikkei dropped -0.27%. Hong Kong HSI dropped -0.53%. China Shanghai SSE rose 0.09%. Singapore Strait Times rose 0.27%. Japan 10-year JGB yield dropped -0.0052 to -0.035. | 
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