The release of China's Q2 GDP and June........>

FOREX: The release of China's Q2 GDP and June economic activity data was the

main point of interest, amid a holiday market closure in Japan, which limited

activity. GDP numbers matched forecasts, soothing the nerves of investors

somewhat, while industrial output and retail sales provided positive surprises.

Risk appetite picked up as a result.

- The Antipodeans were bid on the back of solid Chinese prints. The kiwi led

gains among the G10 as it had already outperformed prior to the releases.

NZD/USD broke above its 200-DMA, while AUD/USD took out the 100-DMA.

- Chinese data put safe haven FX on the defensive. The yen was the worst G10

performer and USD/JPY jumped back onto the Y108.00 handle.

- U.S. President Trump repeated his familiar refrain, tweeting that the U.S.

could do better economically, but "the Fed's antiquated policy on rates and

tightening" has stood in the way.

- Today's economic docket is rather thin. U.S. Empire Manufacturing and an

address from Fed's Williams are the highlights.