AUD has overtaken NZD as the outperformer.....>

FOREX: AUD has overtaken NZD as the outperformer upon the release of strong

Australian labour mkt data, which saw the unemployment rate slip to 5.0% from

5.1%, albeit aided by a marginally lower participation rate, while the headline

number of job additions topped estimates. 

- USD registered losses across the board, as the U.S. gov't shutdown standoff

continues. 

- JPY trades in the middle of the G10 FX table, with the flash Japanese Nikkei

m'fing PMI softening to 50.0 & the survey highlighting that exports declined at

strongest pace in 2.5 years. 

- Worth highlighting most G10 crosses have stuck to quite tight ranges thus far.

- USD/KRW trades a couple of ticks lower after the BoK left its MonPol settings

unchanged, as expected. 

- Focus today turns to MonPol decisions from the Norges Bank & ECB, with both

exp. to keep their respective policy setting unch. Key econ releases include

flash PMIs from the U.S. & EZ, as well as U.S. jobless claims. Elsewhere, BoJ

Gov Kuroda will speak in the European morning.