 Market sentiments stabilized with recoveries seen in European stock markets, while US futures also point to a solid rebound. The China's Yuan also pares back some of yesterday's steep losses on rumors that a PBoC official reassured foreign companies that the currency won't continue to weaken significantly. Though, the bond markets shrug off the stabilization in sentiments with German 10-year yield hitting new record low of -0.541. In the currency markets, Australian Dollar is the strongest one for today, followed by Sterling and then New Zealand Dollar. Yen is the weakest one followed by Swiss Franc and Euro. But for the week, Aussie is the weakest, followed by Canadian and then Dollar. Euro is the strongest followed by Swiss Franc. Technically, Dollar is picking up some strength in early US session. USD/CAD might have a take on 1.3266 temporary top and break will resume recent rebound. EUR/USD's recovery lost momentum ahead of 1.1282 resistance and focus is back on 1.1133 minor support. GBP/USD and AUD/USD could be watched today for breaking 1.2079 and 0.6758 temporary lows to resume recent decline. In Europe, currently, FTSE is down -0.07%. DAX is up 0.34%. CAC is up 0.67%. German 10-year yield is down -0.017 at -0.530. Earlier in Asia, Nikkei dropped -0.65%. Hong Kong HSI dropped -0.67%. China Shanghai SSE dropped -1.56%. Singapore Strait Times dropped -0.75%. Japan 10-year JGB yield closed flat to -0.181. | 
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