Good Morning ,

Here’s a quick look at today’s economic news and market activity:

• Risk averse mood to investor sentiment yesterday
• Both equities and bonds sold off amid concerns over the Middle East conflict
• Currency-wise, the action was confined to tight ranges
• The FX majors open this morning very similar to 24 hours earlier
• EUR/USD remains in the lower half of $1.16-1.17
• EUR/GBP continues to operate just below the 86p mark
• Ahead today, the Middle East, the ECB meeting and US PPI data will warrant attention

All rates quoted are indicative market rates.