Good Morning ,

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

• Trading conditions were relatively calm across financial markets yesterday …
• A market holiday in the US and a quiet data schedule contributed to the muted price action …
• On the currency front, the yen remained firmly in the ascendancy yesterday …
• This sees USD/JPY open today back below the ¥154 threshold for the first time since February …
• EUR/USD remains above the $1.16 mark …
• GBP/USD is in the lower half of the $1.35-1.36 band …
• Meantime, EUR/GBP remains in the top half of the 85-86p corridor …
• Today, the macro calendar is sparse once again on both sides of the Atlantic …

All rates quoted are indicative market rates.