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UK PM May’s Spokeswoman: PM to hold meeting with cabinet ministers for Brexit focused talks on Friday

The UK PM Theresa May's spokeswoman was out on the wires in the last hour, via Reuters, and ruled out the snap general election. 

Key quotes: 

   •  PM will be holding a meeting with cabinet ministers for Brexit focused talks on Friday.
   •  PM spoke to German Chancellor Merkel and Dutch PM Rutte on Thursday.
   •  Calls with German Chancellor are always constructive.
   •  There will be further calls with EU leaders over the weekend.

India FX Reserves, USD: $397.35B (January 11) vs $396.08B

India FX Reserves, USD: $397.35B (January 11) vs $396.08B
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USD/CAD flirting with daily lows, just above mid-1.3200s ahead of Canadian CPI

   •  The USD remains on the defensive amid renewed US-China trade optimism.    •  A goodish pickup in oil prices underpin Loonie and add to the sell
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