Risk appetite soured overnight, lifting the...>

FOREX: Risk appetite soured overnight, lifting the yen atop the G10 pile, as

yesterday's Wall Street's losses carried over into the Asia-Pacific session. The

Nikkei 225 slumped more than 3%, hitting fresh 2018 lows, while U.S. equities

are poised to open on the back foot. Meanwhile, the BoJ kept its policy rate

unch. as expected, seeing Japan's economy as expanding, despite downside risks. 

- Sterling grew in strength ahead of today's BoE MonPol decision, with a ~98%

probability of no change to the rate priced in. 

- The Antipodeans were fragile, although higher than exp. increase in domestic

employment allowed AUD to tick up early in the Asia-Pac session. Kiwi lagged

behind its G10 peers overnight, weighed by disappointing GDP growth figures. 

- CAD struggled as WTI nearly halved yesterday's gains and dropped to

~$47.0/barrel, where it sits at writing. 

- MonPol decisions from the BoE and the Riksbank are in the spotlight tomorrow.

Otherwise, focus falls on UK retail sales & Japanese inflation.