The USD operated in mixed fashion.............>

FOREX: The USD operated in mixed fashion overnight, with the JPY outperforming &

the Antipodeans edging lower.

- There was little in terms of fresh fundamental news flow, with Korea seemingly

willing to meet with both the US & Japan at separate events.

- The session had no tier 1 risk events. Focus therefore fell on trade related

headlines with China noting that it is still still considering US soybean import

curbs following reports suggesting that the US & China were working to avoid

such a move. While Japan's Aso noted that the country will do everything it can

to avoid bilateral agreements with the US.

- USDJPY lost around 30 pips to last trade at 106.60.

- GBP has ignored suggestions that the EU will cancel an upcoming Brexit meeting

owing to a lack of topics to discuss. It has also paid little attention to

conflicting views from the opposition Labour party re: Brexit.

- While the Antipodeans underperformed on no notable news flow.

- Focus on Thursday turns to German regional/national CPIs, Canadian GDP, US

Spending/Income data & Chicago PMI. Fed non-voter Harker is also due to speak.