GBP & the fallout from yesterday's............>

FOREX: GBP & the fallout from yesterday's meaningful vote, which saw UK

lawmakers overwhelmingly reject PM May's Brexit deal, were in the spotlight

overnight. Major GBP crosses touched session lows before recovering from worst

levels, in generally ltd trade. May will face a vote of no confidence around

1900GMT Weds, after it was tabled by the Labour Party; with the ERG faction

(reportedly) & DUP Party committed to backing the gov't, May is exp. to survive

& proceed to cross-party talks re: Brexit ahead of another trip to Brussels. 

- A negative session for Japanese stocks owing to worry over the health of the

global tech space helped push the JPY to the top of the G10 FX leaderboard,

although U.S. equity index futures are marginally higher at writing. 

- AU Westpac cons. conf. slipped into pessimistic territory for the first time

since Nov '17, pressing AUD/USD below $0.7200 for the bulk of the session,

although the move was limited. 

- Outside of the aforementioned no-confidence motion in the UK PM participants

will look to UK CPI, German CPI (f) & Italian industrial orders. Elsewhere, BoE

Gov Carney, Riksbank's Skingsley, ECB's Nowotny & Fed's Kashkari will speak.