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JPY registered gains across the G10...........>

FOREX
FOREX: JPY registered gains across the G10 currency board as U.S. Tsy futures
went higher and U.S. equity index futures edged lower overnight. Although
Asia-Pac benchmark stock indices started the session on the front foot, as
yesterday's U.S. equity rally carried over into Asia-Pac dealing, they gradually
lost steam thereafter, benefitting the yen. 
- Meanwhile, the Antipodeans struggled weighed by concerns over U.S.-China trade
relations triggered by USTR Lighthizer's hawkish comments just ahead of the
Asia-Pac session. Poor NZ biz. Confidence figures might have added some pressure
on the Kiwi and AUD/NZD last sits at $NZ1.0657, slightly off of session highs. 
- DXY edged lower overnight after slumping Wednesday on the back of Fed Chair
Powell's comment that interest rates are "jusst below" neutral.
- CAD was also fragile despite an uptick in oil prices as supply glut worries
persist, revived by yesterday's reports of growing U.S. stockpiles.
- Focus today turns to FOMC Nov meeting minutes, as well as French GDP, German
CPI, EZ confidence & U.S. personal income/spending figures. Speakers from the
BoJ, ECb and Fed are also due.

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