 Commodity currencies are back under pressure as Asian markets tumble on uncertainties over US-China relations. It's unsure whether the phase-one trade deal could be completed in time to avert the December batch of new tariffs. The situation is further complicated by US passage on an Act to support Hong Kong's autonomy. At this point, Yen is the strongest one for today, New Zealand and Australia the weakest. Over the week, Euro and Yen are the strongest while Canadian and Australian are the weakest. Technically, USD/CAD is on track to test 1.3347/82 resistance zone. Decisive break there would further reaffirm medium term bullish and target 1.3664 high eventually. AUD/USD was limited below 0.6841 minor resistance against despite another rally attempt. Near term outlook stays cautiously bearish and break of 0.6769 will pave the way to retest 0.6670 low. EUR/AUD's rise from 0.5976 resumed after brief consolidation and further rise in expected now to 1.6432 resistance next. In Asia, Nikkei closed down -0.48%. Hong Kong HSI is down -1.57%. China Shanghai SSE is down -0.39% and breached 2900 handle. Singapore Strait Times is down -0.85%. Japan 10-year JGB yield is down -0.0015 at -0.111. Overnight, DOW dropped -0.40%. S&P 500 dropped -0.38%. NASDAQ dropped -0.51%. 10-year yield dropped -0.048 to 1.738. It's heading back to 1.7 handle. | 
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