• Trades +0.3% with the USD -0.25%, as UST yields fall, 10yr -12bp 4.279%

• Treasury yield volatility continues in Asia - on edge for Trump comments

• In a Trump u-turn, tariffs for most countries lowered, raised for China

• The late bounce on Wall Street resulted in the Stoxx 50 jumping 8.6% in Asia

• Charts - 21-day Bollinger bands expand, 10 & 21-day moving averages rise

• Horizontal daily momentum studies - signals show a modest positive setup

• Last week's 1.1147 2025 top, then 1.1214 September high are first resistance

• Monday's 1.0880 base and Thursday's 1.0805 low are initial support

• 1.0950 2.482 BLN, 1.0965 1.360BLN, 1.1000 988mln close April 10th strikes
Andy

(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)