The Antipodeans gained some traction, as......>

FOREX: The Antipodeans gained some traction, as stronger than exp. yuan fix from

the PBoC provided a degree of support, even as equity indices were mostly lower.

AUD was additionally aided by Australian Fair Work Commission lifting minimum

wages by 3.0%, while the negative impact of softer than exp. capex & building

approvals prints was offset by decent revisions in the second est. of 2019-20

capex. Elsewhere, NZD shrugged off the release of the latest NZ budget.

- Safe haven currencies struggled for any upside momentum, with the yen landing

at the bottom of the G10 pile.

- SEK was relatively solid after topping the G10 pile yesterday on the back of a

strong headline domestic GDP release, although the breakdown was a little more

questionable.

- KRW held gains registered at the open amidst touted greenback sales by South

Korean FX authorities, intended to curb won weakness.

- Focus today turns to U.S. GDP, core PCE, personal consumption, wholesale

inventories & initial jobless claims. Fed Vice Chair Clarida, BoC Dep Gov

Wilkins and BoE's Ramsden are due to speak.