JPY underperforms its G10 peers at the........>

FOREX: JPY underperforms its G10 peers at the margin, with liquidity dented by

market closures in Japan & China. G10 crosses have been range bound thus far.

- NZD has shrugged off domestic building approvals print, which revealed a 6.9%

decline on a M/M basis. Feb reading was revised to +1.7% M/M from +1.9%. The

kiwi sits atop the G10 leaderboard at typing.

- KRW has opened on the front foot after the Labour Day holiday. CPI data

provided a modest beat, but more focus has been placed on the latest m'fing PMI

print, which moved back into expansionary territory, although a fairly cautious

accompanying written assessment was noted.

- BoC Gov Poloz offered little new, speaking in the U.S./Asia crossover.

- The BoE will deliver its MonPol decision and release its inflation report

later today. On the data front, m'fing PMI readings from across the EZ, German

retail sales, as well as U.S. durable goods & factory orders take focus. BoE Gov

Carney will hold a post-MonPol presser, ECB's Hansson, Costa & Praet are due to

speak, while the Riksbank board will testify to lawmakers.