The spillover from Chinese official PMIs......>

FOREX: The spillover from Chinese official PMIs falling short of expectations

weighed on the Antipodeans, making them the G10 underperformers in the Asia-Pac

session. 

- AUD fared worse than NZD, despite the latter showing more sensitivity to the

Chinese data, as Aussie fell afoul of softer than expected AU core CPI figures.

NZD had garnered some strength from the stable ANZ Biz Confidence numbers,

before AUD/NZD recouped some 30 pips in response to the Chinese PMIs, after

threatening to break below NZ$1.0800 post AU CPI. 

- EUR/JPY & USD/JPY ticked higher on the back of a positive session for the

Nikkei 225, while the JPY had no notable reaction to the BoJ's MonPol decision,

which saw the central bank leave its MonPol settings unchanged, as it trimmed

its inflation outlook, falling in line with expectations. The Bank also flagged

greater downside risks, but played them down. 

- Focus today falls on Eurozone CPI & labour mkt data, as well as Canadian GDP.

Elsewhere, ECB's Nowotny, Hansson, Nouy and Visco, as well as Italy's FinMin

Tria are due to speak.