The Antipodeans remained buoyant overnight,...>

FOREX: The Antipodeans remained buoyant overnight, propped up by domestic data

releases, even as moderation emerged as the dominant theme in the second part of

the session. NZ Q4 GDP came out in the NY/Asia crossover, putting an early bid

into the kiwi, as Q4 economic growth accelerated to +0.6% Q/Q, meeting market

exp. and proving strong enough to cap worries that the RBNZ might deliver a cut

to its OCR in 2019 (although Y/Y growth missed exp.). Elsewhere, Australian

unemployment rate fell to an 8-year low of 4.9%, with the RBA closely watching

domestic labour mkt developments. Worth noting participation rate ticked lower.

- The greenback underperformed, in a carryover from its yesterday's post-FOMC

weakness, but moved away from worst levels.

- USD/CNH hit lows not seen since mid-July before paring most of the losses.

- JPY showed some early weakness, but shook it off gradually, with Japanese

markets closed for a national holiday today.

- MonPol decisions from the BoE, Norges Bank and SNB, as well as UK PM May's

trip to Brussels for a key summit with fellow EU leaders, take focus today.

Elsewhere, ECB's Enria will speak, while the ECB will publish its econ bulletin.