Talking Points:

The Japanese Yen edged up in otherwise quiet Asia Pacific trade. The perennially anti-risk currency edged higher, seemingly looking past a mixed performance across regional bourses to focus on negative cues displayed in S&P 500 futures.

Price action across the rest of the G10 FX space was conspicuously listless. A market holiday in the UK and slim pickings on the economic data docket seem likely to make for continued quiet, although the Yen might extend its advance if risk aversion gains further momentum.

Political risk remains an important wild card however. Officials from the US, Canada and Mexico are due to begin the second round of renegotiating the NAFTA free trade this week. President Donald Trump has disparaged the effort previously, stoking volatility. More of the same may yet be on offer.

Asia Session

European Session

** All times listed in GMT.