JPY sits atop the G10 FX leaderboard as.......>

FOREX: JPY sits atop the G10 FX leaderboard as risk assets have struggled, with

the Nikkei 225 ~1.8% worse off & S&P 500 futures back below 2,800.

- NZD has landed at the bottom of the G10 pile, after a soft domestic business

confidence reading, the day after the RBNZ once again highlighted soft biz.

sentiment as it introduced a dovish bias to its MonPol statement.

- GBP extended Wednesday's losses in early Asia-Pac trade, after the Commons

rejected all eight Brexit motions which faced indicative votes in the House.

However, sterling has pared some of its losses since.

- USD/TRY spiked over 1000 pips higher during the NY/Asia crossover, unwinding

the late NY sell off, and last trades 700 pips higher on the day. There was

seemingly little in the way of headline flow, with recent focus falling on the

central bank's efforts to shore up the lira ahead of Turkey's national election,

and the knock-on effects on short term rates. The flows may have been driven by

participants wanting to evade the surging overnight rate.

- U.S. Q4 GDP revisions, German CPI and Swedish retail sales, as well as

comments from multiple central bank speakers take focus today.