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Price action has been very subdued so far.....>

FOREX
FOREX: Price action has been very subdued so far with participants left to
assess the coronavirus situation. The daily update from Hubei Health Committee
was closely watched after yesterday's method revision, with the province
reporting 4,823 new Covid-19 cases, 116 additional deaths & 690 fresh
recoveries. In G10 FX, AUD narrowly outperforms its peers.
- USD/CNH trades marginally softer. The PBoC fix fell in line with estimates.
- Flash EZ & German GDPs, EZ employment & trade balance, as well as U.S. retail
sales, industrial output & U. of Mich. Survey take focus from here. Speeches are
awaited from BoJ's Amamiya & Fed's Mester.

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