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USDCAD TECHS

Heading North

GLOBAL POLITICAL RISK

Modi, AMLO Top Major Economy Leader Poll, Macron Last

AUDUSD TECHS

Under Pressure

EURJPY TECHS

Trend Condition Remains Bearish

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A softer USD and a downtick in U.S. Tsy yields has allowed bullion to move higher during Asia-Pac trade, with spot last dealing the best part of $10/oz firmer on the day, just below $1,775/oz. Monday provided a fairly limited session for gold, with the DXY retracing from best levels of the day, while our weighted U.S. real yield monitor saw a modest uptick. Participants await the next meaningful macro input, with the technical picture little changed.