U.S.-China trade matters retained the.........>

FOREX: U.S.-China trade matters retained the spotlight, even as market closure

in Japan limited liquidity. Earlier concerns were eased somewhat after both the

U.S. and China highlighted the "constructive" nature of the latest round of

talks, while Beijing downplayed the cancellation of an official trip to U.S.

farmlands, stating that it had nothing to do with the ongoing negotiations.

- AUD & NZD climbed on the back of those upbeat signals, with the kiwi landing

atop the G10 pile in the run-up to the RBNZ MonPol decision. The Antipodeans

tracked an initial upswing in the yuan, before the Chinese currency retreated.

- Defying global trade optimism, KRW fared badly as South Korea's own trade data

for the first 20 days of September revealed a continued slump in exports.

- Safe havens struggled from the off as investors were keen to buy riskier

assets. The loonie also struggled, even as WTI edged higher.

- Flash PMI surveys from across the globe roll in today, providing the

highlights of the data docket. Fed's Williams, Bullard and Daly, ECB's Draghi

and Lane, as well as BoE's Tenreyro are all set to speak.