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Risk assets have edged higher in early........>

FOREX
FOREX: Risk assets have edged higher in early Asia-Pac trade, dragging JPY to
the bottom of the G10 pile. Japan's Nikkei 225 started on the back foot, but
moved into the green, with U.S. equity futures also running higher at writing. 
- Sterling has fared relatively well ahead of the meaningful vote scheduled for
later today, as markets absorb the news flow re: Brexit matters. The Sun
reported that UK PM May secured last-minute concessions from German Chancellor
Merkel & will try to force a second vote on her deal, while the Telegraph cited
Cabinet ministers saying May will have to stand down if she suffers heavy
defeat. Cable at highs of $1.2915 at writing. 
- The Antipodeans also outperformed, but little impact was noted upon domestic
data releases. Worth mentioning NZIER QSBO revealed that businesses were less
pessimistic in Q418, also stressing that suppressed business sentiment could
still be detrimental to NZ economic growth. 
- Today's docket includes German GDP, EZ trade balance & U.S. PPI. Elsewhere,
central bank rhetoric will be provided by Riksbank's Jochnick, ECB's Draghi & de
Cos, as well as Fed's Kashkari, George & Kaplan. PBOC's Zhu is due in 20 mins.

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