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CHINA PRESS

Yuan to Maintain Near-Term Strength: Journal

CHINA PRESS

Biden May Be Consumed by Bumpy Recovery: Daily

JGB TECHS

(M1) Bullish Focus

AUSSIE 10-YEAR TECHS

(M1) New Multi-Month Highs

CABLE
CABLE: Rate continues to benefit from the weakening USD, rallying to touch
yesterday's highs in a relatively short period of time. Weaker ISM numbers and
further combative comments from US VP Pence ("may be time to look at the Fed's
dual mandate again") helping keep a lid on the USD. GBP/USD accelerated gains on
the rally above $1.3050 and now targets the week's best levels at $1.3102 and
the 50-dma at $1.3107.