Participants have been left to ponder the.....>

FOREX: Participants have been left to ponder the weekend's news flow, amid few

surprises on the wires in the Asia session so far. Over the weekend, Chinese

MOFCOM noted that the text of the "phase one" trade pact with the U.S. is

"basically completed." G10 crosses have generally respected tight ranges.

- NZD tops the G10 pile, possibly aided by trade war reports, in spite of a

public holiday in New Zealand. Markets are also shut in Singapore, India and

Malaysia. AUD ticked lower (marginally) & still struggles for upside momentum,

after APRA proposed looser capital requirements for a first home buyers scheme.

- In EMFX, THB took a hit after the U.S. suspended Thailand's trade benefits,

while KRW firmed up on trade war optimism. Elsewhere, early counts suggest that

Alberto Fernandez comfortably won Argentina's presidential election.

- The global data docket is thin today, includes U.S. wholesale inventories &

Swedish trade balance. ECB Pres Draghi and BoE's Tenreyro will speak. Political

events will draw attention. The Communist Party of China begins its plenum

today, UK parliament will vote on PM Johnson's push for a snap elex, while EU

envoys will discuss the UK's request for a Brexit delay.