It has been a lacklustre start to the.........>

FOREX: It has been a lacklustre start to the session, with little of note on the

news wires. The focus remained on questions surrounding China's appetite for a

long-term trade deal with the Trump administration. The kiwi leads gains in G10

FX space at the margin, following a relatively strong session yesterday when

solid domestic data and a revision to Westpac's RBNZ call cushioned the impact

of souring risk sentiment. Elsewhere, JPY ticked higher as a modicum of demand

emerged into the Tokyo fix, but has trimmed gains since. The greenback sits at

the bottom of the G10 pile, ahead of the U.S. NFP data.

- KRW took a hit in reaction to renewed worries re: the future of U.S.-China

trade talks. South Korea's trade surplus was wider than exp., but underpinned by

weak breakdown numbers, while CPI topped forecasts.

- Participants will be on the lookout for the latest U.S. NFP report, Norwegian

unemployment, as well as m'fing PMIs out of the U.S. (ISM & Markit), China

(Caixin), Canada (Markit) and UK (Markit). Fed speakers are back from their

blackout period, with Kaplan, Clarida, Quarles, Daly and Williams all due to

speak. Riksbank's Ingves will also make an appearance.