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Into US session: Yen and Swiss Franc weakest as stocks rebound extend

Entering into US session, Yen and Swiss Franc remain the weakest ones for today and the week as stocks rebound continue. DOW futures are currently up 200 pts, cheering the deal in US Congress to avert another government shut down, with funding for 90km of bordering fencing. Dollar is following as the third weakest. US Treasurer Steven Mnuchin and USTR Robert Lighthizer arrived in Beijing today for trade talks, without any notable comments so far.

Meanwhile, Australian Dollar is the strongest one, followed by Canadian. WTI is back at 53.8 after defending 51.37 support earlier. Sterling stays mixed as UK Prime Minister delivered her Brexit update in the parliament. The most important thing to note is that if she cannot get an approvable new deal by February 26, the Commons will be given a chance to vote on a plan B on the following day.

In Europe, currently:

  • FTSE is down -0.07%.
  • DAX is up 1.03%.
  • CAC is up 0.86%.
  • German 10-year yield is up 0.0204 at 0.143.

Earlier in Asia:

  • Nikkei rose 2.61%.
  • Hong Kong HSI rose 0.10%.
  • China Shanghai SSE rose 0.68%.
  • Singapore Strait Times dropped -0.16%.
  • Japan 10-year JGB yield rose 0.0184 to -0.009, staying negative.

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