Taiwan cabinet spokesman out with the news 4 Sept

  • resignation pending the President's decision.

No further detail/comment at present but the resignation offer was expected due to the declining popularity of President Tsai Ing-wen so seemingly Lin Chuan taking one for the team.

Meanwhile USDJPY 109.78 and flat-lining after it's Korean-led gap down to 109.34 at the start of Asian trading.

USDCHF similarly 0.9607 after the fall to 0.9583

Let's see what European desks make of it all, Or perhaps they'll prefer to play a waiting game.