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Risk appetite remains limited in early........>

FOREX
FOREX: Risk appetite remains limited in early Asia-Pac trade, after flaring
Sino-U.S. trade tensions took their toll on U.S. equities yesterday. AUD/JPY has
dropped ~0.2%, with the two sides of the pair sitting at the opposite ends of
the G10 currency board.
- Price action across the G10 FX space has been rather contained so far.
- USD/TRY extended gains and touched new weekly highs, with TRY struggling
amidst domestic economic & political uncertainties.
- Points of note in today's economic docket are German GDP (f) & Ifo survey,
global flash PMI readings and U.S. new home sales. Speeches from Fed's Kaplan,
Daly, Bostic & Barkin, ECB's de Guindos & Nowotny, and Riksbank's Skingsley will
also draw attention, while the ECB will publish its latest MonPol meeting
minutes.

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