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SILVER TECHS

Bullish Extension

GOLD TECHS

Heading North

WTI TECHS

(M1) Needle Still Points North

BRENT TECHS

(N1) Bullish Conditions Remains Intact

USDCAD TECHS

Extends Lower With Bears In Charge

FOREX

Little in the way of meaningful fresh catalysts has resulted in a muted start to the Asia-Pac session, with G10 FX holding tight ranges. USD/CAD showed above yesterday's highs, amid continued concern over Canada's trade tensions with the U.S. AUD/USD also made a cautious foray above yesterday's best levels, printing a new YtD high as a result, but failed to cling onto gains and eased off.

  • Focus moves to the RBA's SoMP & RBA Asst Gov Ellis' comments on it, Chinese trade data (Germany & France report theirs later in the day), U.S. NFP report and the Canadian counterpart, German, French and Norwegian industrial outputs, as well as comments from Fed's Rosengren.
MNI London Bureau | +44 203-865-3806 | krzysztof.kruk@marketnews.com