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The first half of today's Asia-Pac session....>

FOREX
FOREX: The first half of today's Asia-Pac session has been lacklustre and saw
G10 FX crosses operate within very tight ranges. NZD has outperformed at the
margin. Worth noting the RBNZ has said that "as of 2018, the EMS measure
indicates near-record levels of monetary stimulus" in an analytical document
published earlier today.
- JPY slid to Y111.06, but eventually returned to unchanged levels, as the
Nikkei 225 opened on the back foot and remained in the red, in an apparent
carryover from yesterday's disappointing sessions in European & U.S. equity
markets.
- ECB MonPol decision, FOMC Mar MonPol meeting minutes, U.S. & Norwegian CPIs,
UK GDP, as well as industrial output data from the U.S., UK, Italy & France take
focus today. The emergency Brexit EU summit will also be closely watched. RBA
Dep Gov Debelle, BoJ Gov Kuroda, Riksbank Dep Gov Ohlsson, ECB Pres Draghi, ECB'
Coeure and Fed Vice Chair Quarles will speak.

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