JPY sits at the bottom of the G10 pile,.......>

FOREX: JPY sits at the bottom of the G10 pile, pressured by the broader risk-on

flows, with the Japanese equities supported ahead of the Topix going ex-dividend

tomorrow. Worth noting the BoJ released the summary of opinions from its latest

MonPol meeting, with several members emphasizing the need to continue with the

current policy mix.

- Solid risk appetite has aided the high-beta currency bloc to a degree, with

AUD, NZD, CAD and NOK registering modest gains vs. most of their G10 peers.

- GBP showed some early strength, as the Commons voted to take control of the

parliamentary agenda on Wednesday and will proceed with indicative votes on a

number of Brexit options on that day. However, GBP strength has gradually waned.

- Fed's Rosengren spoke today, suggesting that returning the Fed's balance sheet

to pre-crisis levels is "not desirable," while it may be important for the Fed

to lower the duration of the BS in a swifter manner.

- U.S. housing starts, building permits and consumer confidence as well as

French Q4 GDP (f) take focus today. Elsewhere, Fed's Harker, Evans and Daly,

Riksbank's Skingsley, BoE's Broadbent and ECB's Makuch will speak.