Entering into US session, Swiss Franc and Euro are the strongest ones for today. It’s partly due to extended rally in German yields. But more so, judging that Yen is the third strongest, it likely due to collapse of Trump-Kim summit.
Sterling is the weakest one for today, paring some of this week’s strongest gains. Canadian Dollar is the second weakest as WTI crude oil retreats.
For the week, Sterling remains the strongest one, followed by Swiss Franc. Canadian is the weakest one, followed by Yen.
Looking ahead, US Q4 GDP will takes center stage, with Chicago PMI and jobless claims featured. Canada will release current account, IPPI and RMPI but they’re unlikely to trigger any reaction.
In Europe, currently:
- FTSE is down -0.56%.
- DAX is down -0.21%.
- CAC is down -0.12%.
- German 10 year yield is up 0.0142 at 0.163.
Earlier in Asia:
- Nikkei dropped -0.79%.
- Hong Kong HSI dropped -0.43%.
- China Shanghai SSE dropped -0.44%.
- Singapore Strait Times dropped -1.15%.
- Japan 10-year JGB yield dropped -0.0021 to -0.027.
