 After some initial weakness, Dollar surges broadly today after Trump admitted that he's not ready to make a deal with China yet. That overturned his repeated comments that a deal could happen soon. Instead, Trump opts for more verbal threats and warned tariffs could go up very substantially and very easily. Staying in the currency markets, at this point, Sterling looks losing some steam in recovery after UK Prime Minister Theresa May's resignation. We might see the Pound turns weaker ahead. Swiss Franc and Yen are the weaker ones for today as stock markets recover. However, German 10-year yield is notably weaker at open and is now down -0.012 at -0.126. Falling yields could help provide a base for Yen and Swiss Franc for more upside. In Asia, Nikkei rose 0.31%. Hong Kong HSI dropped -0.24%. China Shanghai SSE rose 1.38% but failed to regain 2900 handle. Singapore Strait Times is down -0.05%. Japan 10-year JGB yield rose 0.0038 to -0.065. In Europe, currently, DAX is up 0.50%. CAC is up 0.43%. UK is on holiday. German 10-eary yield is down -0.012 at -0.126. | 
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