USD/CHF is trading at 0.89901, 0.11% up since Friday. The Swiss Franc seems to be trading on a stronger note on Monday post release of poor U.S NFP data which dragged down the US Dollar Index. Besides this, uncertainty towards Fed monetary policy further pressurizes the USD & makes safe haven assets more expensive. On data front, the Unemployment Rate fell to 3.0% from 3.1% in the previous month which remained slightly positive for USD/CHF. The result of CPI & Foreign Currency Reserves data may remain vital for the day. As seen in the chart, the false breakout can be seen in USD/CHF above MA (10) MA (20) & a downside seem to be resuming again. Buying in CHF against the USD may be recommended for the day.

Natural gas is trading at $3.094, 0.19% up since previous close. The Natural gas prices moved on higher side post release of Energy Information Administration (EIA) report which showed a drop-down in inventory levels by 98B against the previous figure 115B. This showed a shortage in supplies & hence, made the commodity more expensive. The change in climatic conditions in U.S & European regions & unlocking of lockdown in many countries increases consumption demand of Natural gas. As seen in the chart, the commodity is forming a W-pattern & is trading above the MA (10) & MA (20) which shows further bullishness. Buying on lower levels may be seen for the day.

CHNIND is trading at 10673, 0.03% up since Friday. The mixed result of Chinese Trade Balance data which indicates slight slowdown in manufacturing activities slightly dragged down the CHNIND. The surplus climbed to 296B above expectation 266B whereas the dollar-denominated figure fell to 45.5B below estimation. Besides this, the soft U.S Non-farm Payroll data might remain positive for global indices on weekly basis.  The mixed Fed stance over monetary policy & tapering talks remains significant for CHNIND. The market will be looking forward to the result of CPI & PPI data later in this week. As seen in the chart, although the index is trading below the MA (10) & MA (20); yet it is strongly trading on the reversal side of double bottoms. Sideways trading may be expected further.