DOLLAR SLIP , OIL UP

FOREX

• EUR/USD Mildly bid in Asia, 1.0809 is the level to defend for bulls

• USD/CNY risk reversals shed bullish bias , PBOC sets Yuan reference rate at 7.0704.

• USD/JPY Slips further below 107.00 to refresh six-week low, bears eye sub-106.00 area

• AUD/JPY fails to extend gains on above-forecast Aussie inflation ,Australia Q1 RBA

• trimmed mean CPI +0.5 pct QoQ vs poll +0.4 pct

• AUD/USD refreshes seven-week top above 0.6500 after Aussie CPI

• NZD/USD Upward momentum gathers pace after trendline breakout

• EUR/JPY sits in 115.50s consolidating in April lows, awaiting next impetus

• USD/CAD Stays offered below 1.4000, near fortnight low, during pre-FOMC/US GDP period

• South Korean Won extends two-day winning run

• Indonesian rupiah clocks fresh six-week highs

COMMODITIES

• Gold rises after three-day losing streak as dollar weakens

• WTI Price Teases inverse Head-and-Shoulders above $13.00

ECONOMY

• Oil price crash pushes Saudi's FX reserves to 9-year low

• Australian PM Morrison: Want a global coronavirus investigation

• China parliament to hold annual meeting starting May 22