Good Morning ,
Today's overview of economic news and market action:
- There was a mixed mood on markets yesterday …
- Peace talks between the US and Iran failed to resume in Pakistan yesterday …
- Meanwhile, Brent crude gained over 5% and is up above $100/bbl …
- However, the broader market reaction was more limited …
- Currency-wise, the main pairs remained range bound …
- Of the limited action to note, the dollar was slightly firmer …
- This sees EUR/USD open today down at the $1.17 threshold …
- EUR/GBP is in the top half of the 86-87p band …
- Today, newflow regarding the Middle East will remain in focus …
- The Flash PMIs for April are also due …
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