The bulk of attention has been drawn by.......>

FOREX: The bulk of attention has been drawn by Antipodean data releases. A

firmer than expected quarterly GDP growth in New Zealand sparked a wave of

demand for NZD ahead of the Asia session. However, a handsome downgrade to the

prior reading prompted NZD to unwind its initial spike into the Asia open.

Across the Tasman, AUD picked up a bid as the local jobs data was better than

projected. The Aussie remains the best G10 performer, despite paring some gains

amid negative revisions & jobs addition being driven by part-time employment.

- The broader context of those releases may have affected resultant price

action. NZ data has recently shown improvement whereas Australian figures have

been rather underwhelming and included a poor jobs report published last month.

- FX space has been relatively subdued elsewhere. Safe haven FX have struggled

for impetus despite the impeachment proceedings in the U.S.

- The BoJ, BoE, Norges Bank and Riksbank are set to deliver their monetary

policy decisions today. UK retail sales & U.S. existing home sales provide

highlights on the data front. ECB's Lane will chair a policy panel.