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USDCAD TECHS

Consolidation Mode But Remains Bearish

AUDUSD TECHS

Fails To Hold Onto Thursday’s High

US

'Big Tech' Bill Goes To Senate

COMMODITIES

Oil Up For Fifth Week On Supply Disruption, Geopolitics

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JGB futures added 4 ticks in overnight dealing, as U.S. Tsys recovered from worst levels of the day. The monthly domestic labour market report has just revealed a marginal downtick in the job/applicant ratio vs. expectations for a marginal uptick, while the unemployment rate saw an unexpected, incremental downtick. These readings shouldn’t impact the market. Flash industrial production data is also due to be released today, while the MoF will come to market with 2-Year JGB supply. Elsewhere, the BoJ will release its formal Rinban schedule for the month of December after hours.