-Currency markets were largely muted..........>

FOREX: -Currency markets were largely muted Tuesday as markets sat on the

sidelines ahead of the US midterm elections, with results expected to roll in

throughout the Asia-Pacific session. The USD traded mixed against most others

with the DXY heading into the close flat.

-GBP eked out further gains to be the strongest currency in G10 Tuesday as

markets continue to ramp up expectations of a Brexit deal following a reportedly

harmonious cabinet meeting. While hopes of a deal by the end of the week are

scant, the market's base case remains an agreement by the end of the year.

GBP/USD gains topped out at $1.3099.

-CAD fared the worst among the majors as crude prices slid sharply - WTI crude

touched the lowest in eight months as the US government extended waivers to some

Iranian crude buyers to avoid a supply crunch in the next six months. USD/CAD

bulls now target the C$1.3170 level, the Oct31 highs.

-Interpretation of the US midterms take focus from here as well as a speech from

BoJ's Funo. Data highlights are NZ unemployment and China FX reserves.