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Today's Asia-Pacific session saw broader......>

FOREX
FOREX: Today's Asia-Pacific session saw broader risk-on flows come into play,
which resulted in yen underperformance across the G10 currency board. An MNI
insight piece highlighted that the BoJ remains worried re: a stronger yen (see
MNI Main Wire 03:20 GMT 01/15). The Antipodeans were strong drawing support from
a combination of the risk-on theme & fiscal stimulus in China, while the PBoC
pledged to be more flexible in the implementation of its prudent MonPol.
- GBP outperformed ahead of Tuesday's the meaningful vote, with a defeat of PM
May's Brexit deal widely exp., which will likely be followed by a no-confidence
motion tabled by the Labour Party. The Sun has reported that UK PM May secured
last-minute concessions from German C'llr Merkel & will try to force a second
vote on her deal. Cable broke above $1.2900 before ebbing back from best levels.
- USD struggled as the longest gov't shutdown in U.S. history continued, with
Pres Trump set to lunch with unnamed lawmakers later today. 
- Flash German GDP, EZ trade bal. & U.S. PPI will hit today. Elsewhere,
Riksbank's Jochnick, ECB's Draghi & de Cos, as well as Fed's Kashkari, George &
Kaplan are due to speak.

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