Gentle risk-on flows have crept into G10 FX...>

FOREX: Gentle risk-on flows have crept into G10 FX space at the start to the

week, but it is hard to name any material catalysts. News flow has been

relatively sparse. Reports surrounding U.S.-China tensions have been doing the

rounds, but without signs of any larger escalation. AUD leads commodity FX

higher, with JPY trading on the back foot.

- Sterling took a hit as BoE Chief Economist Andy Haldane told the Telegraph

that the UK's central bank is studying unconventional monetary policy options,

including negative interest rates and boosting the QE plan, though he noted that

no such move is imminent. Brexit worries may have amplified pressure to GBP.

- Today's data docket is very thin, while central bank speaker slate features

Fed's Bostic, ECB's de Cos & BoE's Tenreyro. Canada observes a public holiday.