Little to write home so far as markets calm...>

FOREX: Little to write home so far as markets calm down after yesterday's flurry

of duelling U.S.-Chine headlines. G10 crosses have respected very tight ranges

so far. Safe haven currencies are slightly on the back foot as risk appetite has

modestly picked up. USD/CAD probed the water below its 200-DMA but struggled to

break under yesterday's low and has pared losses since.

- The space has looked through today's data releases. A slight miss in Japanese

CPI was accompanied by an in-line core CPI reading. Elsewhere, flash Japanese

PMIs (Jibun Bank) marginally improved, while Australian surveys (CBA) slipped.

- Coming up today are several flash PMI readings from across the world, German

GDP, Canadian retail sales and final U.S. U. of Mich. Survey. ECB Pres Lagarde,

her ECB colleagues de Cos and Weidmann, as well as Riksbank's Ohlsson and

Jansson are set to speak.