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All quiet on the Eastern front so far,........>

FOREX
FOREX: All quiet on the Eastern front so far, nothing much when it comes to
major catalysts. A thin regional data docket turns focus to news flow. Light
risk-on flows seen in G10 FX space, but it is hard to pin them on any particular
factor. The Antipodeans have picked up a modest bid, while JPY is the worst G10
performer as we type. G10 pairs have been happy to hold tight ranges.
- U.S. housing starts, building permits & U. of Mich. Survey, final EZ CPI and
Italian industrial output take focus today. The central bank speaker slate
features ECB's Schnabel and de Guindos, as well as BoE's Bailey.

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