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Little to write home as the early part of.....>

FOREX
FOREX: Little to write home as the early part of the Asia-Pacific session has
been fairly lacklustre so far, with all major crosses sticking to tight ranges. 
- The yen underperforms its G10 peers, with a source pointing to Japanese names
buying USD/JPY. The rate ticked higher as Mini S&P futures took out yesterday's
highs, even as there was little on the wires to drive the move. CHF has also
softened at the margin.
- German Ifo survey, Japanese flash Jibun PMI readings, as well as speeches from
ECB's Villeroy, de Guindos and de Cos, Riksbank's Ingves and Jansson, RBA's Lowe
and BoJ's Kuroda take focus today.
- Elsewhere, a trio of top Chinese officials - PBoC Gov Yi, FinMin Liu and
National Bureau of Statistics' chief Ning - will hold a presser at 03:00 BST.

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