Asia's sedate trading session continued.......>

FOREX: Asia's sedate trading session continued into Europe Thursday with

recently opened risk off positions pared back as no further developments emerged

in the recent US/China trade spat. JPY continued its softer stance, USD/JPY

advanced to Y112.42 in Europe and held firm ahead of the US session. EUR/JPY

extended its recovery off Wednesday low of Y129.91 to Y131.39 in Europe, holding

ground above Y131.20 in late morning trade. Cable saw an early low of $1.3190 in

opening Asian trade but spent most of the Asian session, and the European

morning above $1.3200, advancing its recovery to $1.3226(38.2% $1.3285-1.3190).

Market awaits Brexit White Paper.

- USD/TRY touched a fresh all-time high of TRY4.9743 in Asia after Turkish Pres.

Erdogan's latest round of comments, made on Wednesday afternoon, stating that

"interest rates will go down in the coming period," & that "the dollar will

depreciate against the lira soon." The pair surged in early Asia before regional

portals opened, the cross has eased since.

- US CPI, Fed's Harker & Kashkari dominate on Thursday. US Trump at NATO and

arrives in UK, possible Brexit tweets.