USD trades mixed across the G10 currency.....>

DOLLAR: USD trades mixed across the G10 currency board, while DXY has edged

lower and last sits at 96.28. WTI trades ~$0.15 lower, while gold is nearly

unch. at writing. Worth highlighting early Asia-Pac hours saw the release of a

BBG sources story, which suggested Sino-U.S. trade talks reached a stalemate

over IP theft issues. Also worth noting that Chinese GDP data met exp. 

- This comes in after the dollar index added 27 pips Friday, supported by firmer

than exp. U.S. industrial output print & headlines suggesting China offers a way

to eliminate trade imbalance with the U.S. (later played down by U.S. officials,

with Larry Kudlow saying the talks will take some time). 

- Bears keep an eye on the 21-DMA at 96.14 and a move through that level would

open up the 100-DMA/Friday's low at 96.07/01. On the topside, initial attention

is drawn by Friday's peak at 96.39, followed by the 50-DMA at 96.60. 

- U.S. focus this week turns to initial jobless claims, as well as flash Jan

m'fing & services PMI figures due Thursday. As a reminder, the U.S. delegation

dropped out of the WEF in Davos to focus on resolving the gov't shutdown issue

at home.