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

FOREX
FOREX: Price action across the G10 FX space has been subdued with investors
weighing potential trajectories of the U.S.-Mexico trade spat. Market closures
in China and Hong Kong further contributed to the lacklustre character of the
early part of the session.
- CAD has outperformed at the margin as WTI prices moved ~$0.55 higher, while
NOK has brought up the rear after topping the G10 pile yesterday.
- Elsewhere, MXN softened initially before paring losses. U.S. Vice Pres Pence
said that tariffs on Mexico are set to go ahead on Monday, while Mexican Foreign
Min Ebrard noted that Mexico has offered to send 6k troops to its border with
Guatemala, adding that talks with the U.S. will continue on Friday.
- No reaction to regional data releases has been noted thus far.
- Today's data highlights include U.S. NFP figures, German, French & Norwegian
industrial outputs, Canadian labour mkt report. Fed's Daly, ECB's Nowotny &
Rimsevics, as well as Riksbank's Ingves are set to speak.

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