A minor degree of risk aversion has crept.....>

FOREX: A minor degree of risk aversion has crept into the G10 FX space, but all

crosses stick to tight ranges. GBP and AUD struggle somewhat vs. G10 peers.

- Sterling has come under light pressure from off, amid press reports suggesting

that the odds of a no-deal Brexit are rising. PM Johnson formed a six-person

"war cabinet" responsible for ensuring that the UK leaves the EU on Oct 31. Snr

Cabinet Min Gove wrote on Sunday that "no deal is now a very real prospect,"

while Cll'r Javid is set to boost funding for a no-deal Bexit by one billion

pounds, per the FT.

- AUD has extended its recent losing streak, likely pressured by a decline in

Chinese industrial profits reported over the weekend, coupled with general

caution as investors are on the lookout for any fallout from the restarted

U.S.-China trade talks.

- JPY has appreciated; no reaction to better than exp. Japanese retail sales.

- It is a very quiet start to the week, with no central bank speakers expected

today. Dallas Fed manufacturing survey figures on the data calendar. Thailand is

off for its King's birthday.