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USDCAD TECHS

Bullish Outlook

AUDUSD TECHS

Trend Needle Still Points South

US

US-ASEAN Summit Concludes

CANADA

Risk-On Sentiment Dominates

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Broadly Positive

EQUITIES

A broadly positive day for equities in the Asia-Pac region, most indices are in the green though gains are modest. Bourses in Japan are higher by around 0.4% despite plans to extend Covid-19 state of emergency beyond the end of the month. Mainland China is just in positive territory, struggling to make headway after China once again warned against rising commodity prices and promised to crack down. Markets in South Korea struggled and are in negative territory at the time of writing. In the US futures are higher following a mixed finish for US stocks on Friday.

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