 Monetary easing from central banks remain a major background theme in the markets. Euro is sold off this week as markets are preparing for dovishness from ECB today. While immediate policy action is not envisaged, President Mario Draghi is expected to explicitly set the stage for some announcement next month. Though, for today, Australian Dollar is the weakest one so far after RBA Governor Philip Lowe's dovish messages. New Zealand Dollar follows as second weakest while Sterling follows as knee jerk reaction to Boris Johnson fades. Yen is currently the strongest one, followed by Canadian, which was lifted by oil inventory report. Dollar is third strongest and would look to durable goods orders for some guidance. Technically, EUR/USD is on track to 1.1107 low. We're not expecting a break there yet and would look for bottoming signs around there. But firm break of this key support will resume will resume medium term down trend. 108.37 resistance in USD/JPY remains a focus as firm break will affirm broad based strength in Dollar. In Asia, Nikkei closed up 0.25%. Hong Kong HSI is up 0.34%, China Shanghai SSE is up 0.37%. Singapore Strait Times is up 0.26%. Japan 10-year JGB yield is down -0.0006 at -0.147. Overnight, DOW dropped -0.29%. S&P 500 rose 0.47%. NASDAQ rose 0.85%. 10-year yield dropped -0.025 to 2.050. | 
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