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Mild risk-on feel has crept into G10 FX.......>

FOREX
FOREX: Mild risk-on feel has crept into G10 FX space as regional stocks have
taken their cue from Friday's gains on Wall Street, while participants have
assessed the scope for further monetary easing from the PBoC. In addition, U.S.
Vice Pres Pence's spox effectively pushed back against earlier reports re: his
self-isolation. U.S. equity index futures have recovered after a lower open and
operate in the green as we type.
- The yen underperforms in the G10 basket, with USD/JPY headed towards the
Y107.00 mark & EUR/JPY attacking the Y116.00 figure. The Antipodeans have shaken
off initial marginal losses. Worth re-flagging weekend press reports pointing to
a spill-over from heightened Sino-Australian tensions into their bilateral trade
relations.
- Today's data highlights include Italian industrial output & Norwegian CPI.
Comments from ECB's Mersch, Riksbank's Jansson and Fed's Bostic are also due.

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