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Risk appetite has soured, as U.S.-China.......>

FOREX: Risk appetite has soured, as U.S.-China trade talks ended without any
major breakthrough (as expressed in the MOFCOM communique), lifting the yen atop
the G10 currency table, with USD/JPY moving below Y108.00, and some JPY demand
noted around the Tokyo fix. The Nikkei 225 deals ~1.3% lower at writing & U.S.
equities are poised to open on the back foot. 
- USD has ticked down after cautious Fed rhetoric dragged DXY lower yesterday.
This occurs ahead of a series of appearances from Fed members Thursday. 
- EUR/USD consolidated above $1.1500 after breaching that figure yesterday,
aided by strong EZ labour mkt data and the broader, weaker USD theme. CAD
underperforms, as oil has moved a touch lower. 
- Focus turns to Chinese inflation data due to hit within minutes, with U.S.
jobless claims, French industrial output & ECB meeting minutes coming out later
in the day. Elsewhere, as mentioned Thursday is rich in Fedspeak provided by
Powell, Barkin, Bullard, Evans, Kashkari & Clarida, while ECB's Villeroy will
also make an address.

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