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-AUD was the worst performer in G10 as........>

FOREX
FOREX: -AUD was the worst performer in G10 as political uncertainty continued to
undermine confidence after PM Turnbull's very near-miss confidence vote. With
further leadership challenges expected, markets were happy to sell the AUD and
take profits on a four-session long AUD/USD winning streak that's stopped just
short of the 50-dma at $0.7384.
-The greenback also traded with a loftier risk premium following yesterday's
verdicts against two Trump aides, with market seemingly unsure on what Trump's
next steps will be. Nonetheless, imminent China/US trade talks could provide
direction. The US$ fell after the Federal Reserve released a balanced-dovish
minutes but has discounted a majority of those losses.
-Commodity-tied FX trades very well, with NOK, CAD and NZD among the best
performers as WTI and Brent crude futures added near 3% apiece. DoE and API oil
inventory numbers proved supportive and softening USD also underpinned energy
Wednesday.
-ECB minutes and flash Eurozone PMIs are the data highlights Thursday.

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