Sterling remained afloat through today's......>

FOREX: Sterling remained afloat through today's quiet Asia-Pacific session and

heads towards the London morning sitting atop the G10 pile. The currency

strengthened as the latest polls suggested that the Tory party's lead is

widening, while UK PM Johnson said that each Conservative candidate who will

stand in the upcoming general election has signed a pledge to back his Brexit

deal if they take a seat. According to press reports, PM Johnson is set to

propose tax cuts to business leaders when he addresses them later today.

- Elsewhere, G10 crosses were broadly range-bound amid little in the way of

fresh catalysts in the region. Participants remain on the lookout for any fresh

hints re: U.S.-China trade relations, while the escalation of violence in Hong

Kong was watched with wariness. The PBoC's decision to slightly trim their 7-day

repo rate may have limited potential risk-off flows. The yuan lost some steam,

pressuring the Antipodeans, albeit to a marginal degree.

- It is a very quiet start to the week on the data front, while today's list of

central bank speakers includes ECB's de Guindos, de Cos and Lane, as well as

Fed's Mester.