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Price action across the G10 FX space has......>

FOREX
FOREX: Price action across the G10 FX space has been particularly subdued so
far, with little in the way of headlines or notable data releases. Japanese and
Chinese markets remain shut for holidays.
- JPY has outperformed at the margin, as caution inspired by yesterday's Global
Times piece, suggesting an "impasse" in Sino-U.S. trade talks, might have
carried over into the Asia-Pac session.
- CAD has also been relatively solid, even as WTI has held steady.
- Australian AiG services PMI printed at 46.5 vs. the prev. 44.8, while final
CBA services PMI came in at 50.1 vs. the prior 49.3. AUD has shrugged off the
releases, with Aussie building approvals expected at 0230BST/1130AEST.
- U.S. nonfarm payrolls, EZ CPI data, UK & U.S. services PMIs and Norwegian
unemployment take focus today. ECB's Weidmann & Enria will make addresses. Fed's
Evans will speak in Stockholm, while a number of his Fed colleagues will appear
on a conference held by the Hoover Institution.

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