All quiet on the “western front”

23/08/2011 | 01:23 GMT

Asia has gone into its shell this morning with currency pairs steady across the board. Initial USD/JPY buying has already waned whilst EUR/USD is up around 10 ticks from the NY close. Stocks for a change are up whilst Gold is trading around $15 lower from this mornings spike to $1911. China flash PMI due out in just under 70 minutes.

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