Good Morning ,
Here’s a quick look at today’s economic news and market activity:
- Trading conditions remained relatively calm for much of last week …
- Oil prices declined, equity indices moved higher and the US Treasury yield curve flattened ..
- Fed Chair Warsh made hawkish remarks on Friday, which led to a firming in US rate expectations …
- Against this backdrop, the dollar was on the front foot …
- This sees EUR/USD open today back below the $1.16 threshold …
- USD/JPY is operating up near the ¥160 mark …
- EUR/GBP remains at the midpoint of the 85-86p band …
- Looking ahead, the main release this week will be the US labour market report for August …
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