A holiday lull continues amid as markets in...>

FOREX: A holiday lull continues amid as markets in China are still shut for the

70th anniversary of proclaiming the People's Republic, while South Korea is off

for its National Foundation Day. Trading activity has been very limited across

the G10 FX space so far.

- JPY has gained some traction as regional equity benchmarks have retreated,

taking their cue from European and U.S. counterparts. USD/JPY probed the water

below yesterday's worst levels and hovers just above its 50-DMA at Y107.03.

- The remainder of the Asia-Pac session will see Aussie trade balance figures

and a speech from BoJ's Funo. Later in the day, U.S. factory orders, EZ retail

sales and global non-m'fing/services PMIs will draw attention on the data front,

while highlights in terms of speeches include appearances from ECB's de Guindos,

de Cos, Enria, Rehn & Holzmann. Germany observes a public holiday.