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

FOREX: Price action across the G10 FX space has not matched sentiment within

regional equity markets as safe haven currencies underperform at typing, even

with most major regional stock indices trading in the red. On the news front,

China's People's Daily wrote that the U.S. "is doomed to fail" if it acts

arbitrarily on trade, even as the SCMP reported that China has asked state media

to moderate their rhetoric.

- SEK has remained buoyant after topping the G10 pile yesterday on the back of a

strong domestic GDP release.

- KRW shot higher vs. USD amidst touted greenback sales by South Korean FX

authorities intended to curb won weakness.

- Focus today turns to Australian capex & building approvals, NZ 2019 budget, as

well as U.S. GDP, PCE, consumption & wholesale inventories. Fed Vice Chair

Clarida, BoC Dep Gov Wilkins and BoE's Ramsden are due to speak.