A sanguine session among G10 FX pairs, with...>

FOREX: A sanguine session among G10 FX pairs, with risk themes trading in sync

with e-minis, which were resilient to the weekend news flow (seemingly negative

on net), as the contracts extended on their late Friday bid amid a lower

liquidity backdrop, with the likes of the U.S., the UK and Singapore on holiday.

- Not much to really note in session if we are being honest, with continued

focus on Sino-U.S. tensions, matters in Hong Kong and European fiscal matters.

- The PBoC fixed the USD/CNY midpoint at the highest level since early 2008,

although this was in line with broader sell-side models.

- GBP was insulated from the latest round of UK political rumblings, centring on

the perceived transgressions of PM Johnson's chief advisor Dominic Cummings re:

adherence to lockdown measures {although the PM is seemingly sticking by his

advisor).

- German IFO data headlines Monday, with addresses from ECB's Villeroy and

outgoing BoC Governor Poloz also noted.