 While Fed's QE infinity gave no apparent boost to US stocks, Asian markets are responding rather positively. Strong gains are seen in major indices. Dollar has turned broadly weak, followed by Swiss Franc, Yen and Euro. Australian Dollar is leading commodity currencies higher. Gold also ride on greenback's pull back too. Technically, current decline in Dollar is seen as nothing more than part of near term consolidations. New highs against other major currencies are expected at a later stage. We'd maintain this view at least before a break of 1.0981 minor resistance in EUR/USD, 1.2129 minor resistance in GBP/USD and 0.9649 minor support in USD/CHF. In Asia, Nikkei closed up 1204.57 pts or 7.13%. Hong Kong HSI is up 4.06%. China Shanghai SSE is up 2.15%. Singapore Strait Times is up 3.96%. Japan 10-year JGB yield is down -0.0260 at 0.043. Overnight, DOWN dropped -3.04%. S&P 500 dropped -2.93%. NASDAQ dropped -0.27% only. 10-year yield dropped -0.174 to 0.764. | 
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