Little to report for the G10 space in early...>

FOREX: Little to report for the G10 space in early Asia trade, with some (very)

light USD strength coming to the fore in the wake of the re-open of the cash Tsy

market as yields edged higher, although there was little in the way of clear

headline drivers apparent.

- USD/KRW has been dragged higher by a combination of the moves in USD/CNH and

soft domestic CPI data out of Korea. Government & BoK officials were quick to

reiterate that the current inflation dynamics are seen as transitory and not an

outright source of worry. Elsewhere, officials from the South Korean MoF have

noted that the Ministry will prepare steps to revitalise demand, and that it

will work hand in hand with the BoK. The latest developments keep the recent

USD/KRW high well in sight.

- The latest RBA MonPol decision, coupled with Australian retail sales and GDP

input data headline the remainder of today's docket. While the yuan fix will be

eyed after NY hours saw USD/CNH tag a fresh record high in the wake of a BBG

source story suggesting "Chinese & U.S. off'ls are struggling to agree on the

schedule for a planned meeting this month."