Asian markets are staging a strong rebound today, despite poor economic data out of Japan and Australia. Investors are probably reassessing the timing of Fed’s tapering, which would be delayed by the current surge in Delta variant. Meanwhile, China reported zero case of local transmission of COVID-19 for the first time since July. Dollar, Yen and Swiss Franc are paring some of last week’s gains. Canadian Dollar leads commodity currencies higher. Technically, we’ll pay some attention to the development in Gold today. It has been rather resilient last week despite the strong rise in Dollar. A break of 1795.42 will ... (full story)