SNAPSHOT: Below gives levels of key markets ahead of London session: FXWW

From the FXWW Chatroom: – Xetra-DAX called up 131 at the open
– FTSE-100 called up 26 at the open
– Dow called down 291 at the open
– US 10-year note yield trades down 3.8bp to 2.764%
– Bunds called unchanged at 158.86
– Spot euro-dollar is up 0.1 cents, currently at $1.2387
– Spot dollar-yen up 0.36 pips, currently at Y109.2
– Brent crude oil rises 0.5 cents, currently at $67.36
– Spot gold rises 5.53 dollars, currently at $1329.69
* NO GERMAN GROKO AFTER 20 HOURS OF TALKS INTO WEDNESDAY MORNING
* JAPAN DEC AVERAGE WAGES +0.7% Y/Y, 5TH STRAIGHT RISE
* AUSTRALIA AI/HIA JAN CONSTRUCTION INDEX +1.5PTS TO 54.3
* FED POWELL TO TESTIFY IN US HOUSE ON WED FEB 28 10ET
* WSJ REPORTS THAT SENATORS ARE CLOSING IN ON A 2 YEAR BUDGET DEAL
* UK GROWTH FCAST RAISED FOR ’18/19; OUTLOOK SUBDUED: NIESR
17:44:59

E/$ am told a lot went through in the $1.2400/05 area in NY last night … as Poon suggests offers back in place around $1.2400 this morning.
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