JPY outperformed all of its G10 peers as......>

FOREX: JPY outperformed all of its G10 peers as the initial enthusiasm about a

perceived thaw in Sino-U.S. trade spat waned somewhat, while scepticism

gradually piled up. A firmer Nikkei 225 wasn't enough to reverse the move in

JPY. Lately, focus turned to a presser with HK chief executive Lam who said that

the city will handle the riots by itself, without assistance from the PLA.

- NZD softened across the G10 currency board, closely followed by its Antipodean

cousin. RBA Dep Gov Debelle said that AUD is playing an important role as shock

absorber. NOK also depreciated, defying firmer oil markets, which aided CAD.

- KRW strengthened after S. Korea's PM Lee said that the country may reconsider

pulling out from an intelligence-sharing pact with Japan, if a solution emerges

before the deal expires on Nov 23. However, local consumer confidence reading

slid to the worst level since Jan '17. USD/CNH dropped on the back of a stronger

than expected PBoC fix, but then more than pared those losses.

- Today's highlights include final German GDP, as well as U.S. & French consumer

confidence tallies. ECB Vice President de Guindos will speak on a panel

alongside BoE's Tenreyro.