Little to write home so far. G10 crosses......>

FOREX: Little to write home so far. G10 crosses trade in fairly tight ranges,

with safe haven JPY preferred over the riskier AUD, NZD & NOK even as regional

equity benchmarks operate in the green. A downtick in oil prices may be appling

a degree of pressure to the commodity-tied FX space, amid few drivers elsewhere.

- In EMFX, TRY has staged a slight correction of yesterday's rally driven by

U.S. Pres Trump's decision to lift sanctions against Turkey. Meanwhile, KRW has

shown little reaction to a slightly worse than expected flash quarterly GDP

figure (the Y/Y number was in line with forecasts).

- It is a central bank day in Europe with the ECB, Norges Bank and Riksbank set

to deliver their monetary policy decisions. Flash PMI readings from across the

globe, as well as U.S. durable goods orders and new home sales take focus on the

data front. Political events of note include a meeting between Japanese and

South Korean PMs, as well as the awaited China speech from U.S. VP Pence.