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Risk appetite was dampened in early...........>

FOREX
FOREX: Risk appetite was dampened in early Asia-Pac trade on the back of global
trade tensions re: Chinese tech companies & potential delays to U.S. trade talks
with Japan & the EU. 
- JPY outperformed at the margin, with USD/JPY 
session. The Nikkei 225 & U.S. equity futures trade marginally lower. Worth
noting BoJ Gov Kuroda spoke overnight stressing the need to eye the impact of
unconventional policy. 
- NZD underperformed amidst talk of some modest NZ funding pressure around the
upcoming NZ holiday, in the aftermath of a soft REINZ house sales print. 
- Sterling traded mixed after PM May survived yesterday's no-confidence vote (as
exp.) and proceeded to cross-party talks re: Brexit, which the Labour Party's
Corbyn refused to attend unless the prospect of "no deal" is formally removed. 
- USD was relatively firm, although no prospects of ending the ongoing gov't
shutdown any time soon have emerged. 
- Focus today turns to EZ CPI (f) & U.S. initial jobless claims. Elsewhere,
ECB's Lautenschlaeger, Fed's Quarles & EU Brexit negotiator Barnier will speak.

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