Night before Christmas leaves market..........>

FOREX: Night before Christmas leaves market horizontal

-Unsurprisingly, there's very little to write about early Tuesday, with early

closures in the US and Europe draining markets and keeping traders away from

their desks. As such, currency, equity and fixed income prices are broadly

unchanged. There's been no material data releases this morning, with yesterday's

US durable goods and Canadian GDP numbers the last real numbers of note before

the Christmas break.

-There have been a handful of headlines crossing following a trilateral summit

between China, Japan and South Korea, with the three countries expressing

concern over North Korea's missile development plans, but there were few new

details from the three leaders.

-Richmond Fed manufacturing index is the sole calendar event Tuesday, before

markets close early. Expect thinner liquidity as markets begin to shut for the

holidays.