Morning all. US stocks didn’t budge as traders hit the exits for Thanksgiving journeys but Asia had a positive session with the Nikkei closing up 0.49%.. But it has been very quiet in Asia in FX markets with the exception of the AUD which fell on dreadful CAPEX data. Australian business investment fell by the most on record last quarter as spending by firms in mining and other industries slumped, sending the currency lower. Capital expenditure plunged 9.2 percent in the three months through September from the prior quarter, the largest decline in records going back to 1989, according to calculations by Bloomberg based on government data released Thursday. Mining investment dropped 10.4% in 3Q vs 2Q Other industries investment fell 10% Manufacturing investment rose 6.9%. It is something of a surprise that AUD is not lower.. The ECB yesterday said to be considering two-tiered charges on banks parking money at the ECB. Banks see that as a desire to deliver deeper cuts without hurting the banking sector too much and it was this that sent EUR lower. The idea of a tiered deposit rate could be a sign that the ECB is considering a larger reduction of the deposit rate, than the expected cut of 10 basis points. The rally late in the session seemed like book squaring by US names. USDJPY was quiet even with the rally in Nikkei, EUR hardly budged and with oil barely moving USDCAD has been quiet. This morning we get Spanish GDP data, Swiss Trade balance and EU Money supply. It is a full US Holiday today.. Good luck.