 The financial markets somewhat decouple in Asian session today. Australian Dollar is sold off broadly while Yen strengthens, Yet it's has nothing to do with risk appetite with Asian equity indices generally higher. Aussie's weakness is mainly due to RBA rate expectations following poor PMIs. In particular, sharp deterioration is seen in employment, which could eventually force RBA to cut interest rate earlier in October, and deliver another one in February. This is what Westpac believes in now. Staying in the currency markets. Sterling rises mildly today but lacks clear momentum yet. The Pound stays mixed as Boris Johnson's win as Conservative leader provides no resolution to the Brexit dead lock at this point. (More in Brexit Update – New PM, Old Challenge). Euro also turns mixed after yesterday's selloff. But the common currency will likely remain soft as ECB meeting looms. Expectation is high for ECB to indicate how it's going to ease monetary policy further later in September. (More in ECB Preview – Expecting Change in Forward Guidance and Hints on QE Resumption and Tiering). Before ECB tomorrow, there will be Eurozone PMIs featured today too. Technically, EUR/USD is on track to retest 1.1107 low and we'll pay attention to bottoming there. AUD/USD's break of 0.6996 suggests near term topping and deeper fall should be seen to 0.6910 support next. That's another sign of Dollar strength. Yet, we'll still prefer to see break of 108.37 in USD/JPY to confirm underlying momentum in Dollar. Also 0.8954 minor support in EUR/GBP is also a focus today and break will indicate near term reversal in the cross. In Asia, Nikkei closed up 0.41%. Hong Kong HSI is up 0.56%. China Shanghai SSE is up 0.58%. Singapore Strait Times is up 0.08%. Japan 10-year JGB yield is down -0.0016 to -0.0147. Overnight, DOW rose 0.65%. S&P 500 rose 0.68%. NASDAQ rose 0.58%. 10-year yield rose 0.031 to 2.074. | 
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