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ECB asks Deutsche Bank to gauge investment banking exit costs: source - Reuters

The European Central Bank (ECB) has asked Deutsche Bank, Germany's biggest lender, to calculate the financial effects of winding down its investment banking operations, a source told Reuters on Sunday. 

Deutsche Bank has called it a routine exercise while the ECB has declined to comment. Meanwhile, the EUR/USD pair is flat-lined around 1.2340 in Asia. 

The common currency may run into offers if the Deutsche Bank shares drop. 

China GDP growth to be down 6.6% y/y in Q1-2018? - Standard Chartered

Analysts at Standard Chartered Global Research explained that their China nowcasting model puts GDP growth at 6.6% y/y in Q1-2018, down from 6.8% in Q
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PBOC set the Yuan reference rate at 6.2884

The People's Bank of China (PBOC) set the Yuan reference rate at 6.2884 vs. Friday's fix of 6.2898. 
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