 Australian Dollar jumps broadly today after much stronger than expected job data. But upside against Dollar is capped so far. After all, RBA is clear that it's next move is likely a hike, yet there is no strong case for a near term movement. In rather directionless trading, Yen and Euro follows as the second strongest for today. Meanwhile, New Zealand Dollar is paring inflation data triggered gains and trades broadly lower, followed by Canadian Dollar. Over the week, Sterling remains the weakest one after selloff on Brexit worries and weaker than expected inflation reading. Focus will turn to today's UK retail sales. In other markets, DOW closed up 0.32% at 25199.29 as it's crawling back to 25402.8 resistance. NASDAQ closed down -0.01% as it's possibly losing some momentum on the current record run. S&P 500 closed up 0.22% at 2815.62. A notable development is the rebound in treasury yields at the long end. 10 year yield gained 0.011 to 2.875. 30 year yield rose 0.18 to 2.989. 30 year yield may have a attempt at 3.0 handle later in the week or next. Asian markets are mixed with Nikkei reversed earlier gains and is down -0.1%. Hong Kong HSI is flat. China Shanghai SSE is down -0.54% at 2772.14, moving further away from 2800. Singapore Strait Times is strong though, up 0.96%. In other markets, WTI crude oil is back at 68.7 after failing to regain 69. Spot gold remains weak at around 1225. Technically, EUR/AUD's strong break of 1.5696 minor support could be a sign of near term reverse that's worth some attention. Dollar's rally attempt yesterday somewhat failed as there was no follow through buying. USD/CAD's break of 1.3126 minor resistance originally looked promising but it quickly reversed after hitting 1.3258. More corrective trading is likely in the greenback in near term. Main focus will be on how deep Sterling would fall to. | 
