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A very quiet headline flow in Asia left the...>

FOREX
FOREX: A very quiet headline flow in Asia left the news focus on yesterday's
RTRS story, which poured some cold water on the recent enthusiasm surrounding
U.S.-China trade matters. An unnamed U.S. official told RTRS that a Trump-Xi
summit for signing the initial trade pact may be postponed until December,
adding that it is still possible that an agreement will not be reached, although
the deal seems more likely than not. JPY marginally outperforms its G10 peers,
leaving the Antipodeans to bring up the rear.
- AUD crosses knee-jerked higher as Australian trade surplus swelled more than
expected, but the reaction was very limited and has proved short-lived.
- USD/KRW has managed to break under the KRW1,160.00 level, but is yet to fill
the gap posted at the open in a delayed reaction to the U.S.-China news.
- The BoE will deliver its monetary policy decision later today, with the MPC
widely expected to stand pat. German and Norwegian industrial output figures
headline the data docket. ECB will publish its Economic Bulletin, while BoE's
Carney, Fed's Kaplan and Riksbank's Skingsley are set to speak.

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