The RBA released its latest MonPol meeting....>

FOREX: The RBA released its latest MonPol meeting minutes overnight, sending AUD

crosses to session highs before an immediate swing back into negative territory.

The minutes affirmed the RBA's shift to a more neutral stance, with no rate

moves expected in the near-term, and pointed to significant uncertainties around

its forecasts. The Bank also noted global trade tensions & the impact of falling

house prices on consumption as the key risks to its outlook (with focus on

apparent additional caution surrounding the latter dominating post-minutes). The

Antipodeans struggled as a result, with the Aussie underperforming its major

counterparts.

- Modest risk aversion lifted the yen to the top of the G10 pile, with the

Nikkei 225 gyrating around unchanged levels.

- CAD traded mixed, as WTI shed $0.30.

- Focus today turns to the German ZEW survey, Italian industrial orders, Swedish

CPI & UK labour mkt data. Elsewhere, ECB's de Guindos, Costa & Praet, Fed's

Mester and Riksbank's Ingves will speak.