 Global equities strengthen mildly today on some trade optimism. China's announcement to tighten up intellectual property protection rules might boost the chance of finally an agreement with the US. Also, even the hawkish tabloid Global Times said they're close to a deal. In the currency markets, Yen trades broadly lower following improving sentiments. But there is no sustainable support to commodity currencies. Instead, Sterling is the strongest one, followed by Dollar. Technically, EUR/USD is on track to 1.0989 support and break will resume the fall from 1.1175 to 1.0879. AUD/USD is also eyes 0.6769 support and break will extend the fall form 0.6929 to 0.6670 low. USD/CHF's break of 0.9978 resistance suggests that consolidation from 1.0027 has completed. Further rise should be seen to retest this key resistance. EUR/GBP's recovery appears to be rather short lived and could have completed at 0.8605. Focus is back on 0.8521 temporary low. In Europe, currently, FTSE is up 0.96%. DAX is up 0.51%. CAC is up 0.44%. German 10-year yield is up 0.0072 at -0.351. Earlier in Asia, Nikkei rose 0.78%. Hong Kong HSI rose 1.50%. Shanghai SSE rose 0.72%. Singapore Strait Times dropped -0.16%. Japan 10-year JGB yield dropped -0.0076 to -0.087. | 
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