Not displaying correctly?
Read in web browser

Good Morning ,

 

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

  • Trading conditions were relatively calm across financial markets yesterday …
  • Equity markets moved higher on both sides of the Atlantic …
  • Currency-wise, the main pairs have remained largely range bound over the past 24 hours …
  • EUR/USD opens in the lower half of $1.17-1.18 …
  • GBP/USD is just above $1.35 …
  • Meantime, EUR/GBP remains in the top half of 86-87p …
  • US retail sales (April) are due for release …
  • Investors will also be keeping an eye on developments in the Middle East, Westminster, and in Beijing …
 
 
AIB Services PMI - Service sector activity declines for first time in over five years in April
 
 
  • First decline in total activity since February 2021
  • New business little-changed since March, outlook remains subdued
  • Input price inflation highest since December 2022 
 
 
 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.172   -0.12 -0.21
EUR/GBP 0.866   -0.10 -0.63
GBP/USD 1.3528   -0.03 0.41
GBP/EUR 1.1541   0.10 0.64
*versus Previous Day's European Open

All rates quoted are indicative market rates.