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USDCAD TECHS

Still In A Bear Cycle

LATAM

Summary: USDBRL Extends Losses To Near 2%

AUDUSD TECHS

Needle Still Points North

US TSYS

Focus on Midweek BoC, ECB Policy Announcements

FOREX

EUR Crosses Come Under Pressure As ECB Beckons

Lacking Direction

EQUITIES

Another mixed session for equities in the Asia-Pac region after a mixed finish for US equities. In Japan major indices are hovering around neutral levels after giving back early gains, Q1 GDP beat expectations earlier today, falling at a slower pace than expected. Markets in China in minor negative territory, while in Taiwan the Taiex is flat ahead of trade and inflation data. In the US futures are higher, the Nasdaq leading the way thanks to a boost from Biogen after its Alzheimer's drug was approved, while gains are moderated by international corporation tax plans.