The yen topped the G10 currency...............>

FOREX: The yen topped the G10 currency leaderboard, buoyed by underperforming

regional equities, with the Nikkei 225 ebbing ~3.2% lower overnight. The broader

risk aversion allowed JPY to more than erase earlier losses, registered on the

back of headlines re: the Mueller probe in the U.S.

- GBP was the weakest G10 currency, amidst uncertainty re: Brexit & the

stability of PM May's cabinet. As a reminder, May is struggling to find broader

legislative support for her Brexit deal, as the Apr 12 deadline looms large.

- USD/TRY fell ~850 pips, paring some of the Friday's 5.4% losses, pressured by

comments from Turkish President Erdogan, who pledged to punish speculators

responsible for Friday's plunge in the lira. This came after the weekend saw

Turkey open a probe into JP Morgan re: the bank's recommendation to sell TRY.

- Fed's Evans spoke overnight, noting that he doesn't expect the Fed to hike

rates until H220, and that the Fed would "take action" if inflation undershoots.

- Focus today turns to German Ifo survey and more comments from Fed's Evans.

Elsewhere, BoJ's Harada, Fed's Harker, as well as ECB's Costa and Coeure will

speak. Sino-U.S. trade talks and Brexit matters will also provide interest.