Dear Reader,
Today's overview of economic news and market action:
- The mixed tone to sentiment persisted yesterday …
- On bond markets, sovereign yields continued to rise across the board …
- Currency-wise, the yen remained under pressure …
- Meantime, the dollar continued to be in the ascendancy …
- EUR/USD opens today in the lower half of $1.17-1.18 …
- GBP/USD is operating just below the $1.36 mark …
- Elsewhere, USD/JPY is up near the ¥147 threshold …
- EUR/GBP remains in the bottom half of 86-87p …
- Today, the Fed FOMC meeting minutes are the only release of note …
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