A modest risk-off feel has crept into the.....>

FOREX: A modest risk-off feel has crept into the G10 FX space, dragging the

Antipodeans to the bottom of the G10 currency table, with the Aussie leading

losses. Participants are looking for any signals re: Sino-U.S. trade

negotiations.

- JPY has modestly outperformed, as the Nikkei 225 ebbed off of its best levels

registered at the open and slid into negative territory. The currency largely

shrugged off the release of domestic BoP data, with key figures roughly meeting

forecasts. BoJ Gov Kuroda spoke earlier in the session, maintaining his

optimistic economic growth and inflation outlook for Japan (see MNI Main Wire at

01:33 BST 04/08).

- Worth highlighting the first half of today's Asia-Pac session has been

relatively quiet so far.

- Focus today turns to U.S. durable goods & factory orders, Canadian housing mkt

data & German trade balance. The central bank speakers' slate includes ECB's

Enria & Villeroy, as well as well as Riksbank's Floden.