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The impact of weekend press releases has......>

FOREX
FOREX: The impact of weekend press releases has filtered through to the first
half of today's Asia-Pac session and reports suggesting that the U.S. & China
are nearing a trade deal have continued to feed broader risk appetite. NZD & CNH
have remained buoyant, but softer than exp. Aussie Q4 GDP partials have limited
AUD's gains somewhat.
- JPY has underperformed, pressured by the aforementioned risk-on theme, with
the Nikkei 225 trading 0.75% higher at writing.
- Sterling sits atop the G10 pile, after the press reported that the pro-Brexit
ERG faction within the Tory party & AG Cox abandoned their uncompromised stances
re: the Irish backstop and are ready to support PM May's Brexit deal, if she
makes sure that the backstop is not a permanent solution.
- USD has ticked away from worst levels, after being weighed on by weekend
comments from U.S. President Trump, who said that the greenback is too strong
and lamented FOMC policy under Powell.
- Today marks a quiet start to the week, with focus on UK construction PMI. The
central bank speakers' slate is empty.

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