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-Markets shied further from risk assets.......>

FOREX
FOREX: -Markets shied further from risk assets Thursday, with various European
equity indices entering bear markets after falling over 3%. The DAX and Stoxx600
indices are now more than 20% from the year's best levels - sentiment that's
helped boost safe haven currencies today as JPY and CHF sit at the top of the
G10 leaderboard. The risk-off bid was initially triggered by the Huawei arrest
news reported during the Asia-Pac session, with US traders also getting the
first opportunity to sell equities after Wednesday's market closure.
-Separately, GBP performed well, extending its recent (modest) recovery, with
reports in Buzzfeed tipping GBP/USD briefly above $1.28 on reports that advisers
to PM May had urged the government to consider a second referendum. Rallies
remained muted, however, with markets eyeing the House of Commons vote Tuesday.
-US unemployment report is the data of the day Friday, with the Canadian
equivalent also due. Prelim Uni. of Michigan numbers cross as well as final Q3
Eurozone GDP. ECB's Coeure and Fed's Brainard are both due to speak also.

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