Some risk aversion is brewing
Soft Australian GDP and higher China-US political tension on the human rights bill are the stories so far in Asia-Pacific trading.
That said, neither has really captured the imagination of the FX market. AUD/USD is down 16 pips to 0.6830 and sitting just above the session low. Elsewhere, there is a small theme of yen strength kicking in and it's the best performer.
Stock markets also aren't pretty with the main indexes in Japan, Australia and China all down more than 1%.
