Participants were left to ponder..............>

FOREX: Participants were left to ponder well-documented risk themes as the Asia

calendar was particularly thin, while a market holiday in Japan sapped

liquidity. A modest risk-on feel emerged as U.S. equity futures crossed above

yesterday's highs. Optimism surrounding U.S.-China trade negotiations seemingly

filtered through into the Asia-Pac session, providing a modicum of support to

the Antipodeans. On the other hand, safe havens found themselves slightly on the

back foot, with CHF heading into the London morning as the worst G10 performer. 

- Although it had some caveats attached, Fonterra's upward revision of NZ milk

price forecast helped NZD outperform its G10 peers. A favourable technical

picture enjoyed by NZD/USD may have been conducive to move.

- Sterling edged higher amid a growing hope that a no-deal Brexit can be

avoided. Cable continues to operate just shy of $1.3000.

- The loonie shrugged off preliminary results of Canadian federal election, with

PM Trudeau's Liberal Party poised to secure a plurality of seats.

- U.S. existing home sales, Canadian retail sales, BoC Business Outlook & Snr

Loan Officer Surveys and ECB Bank Lending Survey are on today's docket.