Good Morning ,
Today's overview of economic news and market action:
- Investor sentiment improved slightly yesterday amid a quiet day on markets …
- US market rate expectations firmed yesterday, following the ADP employment report for October …
- UK interest rate futures contracts also firmed somewhat …
- Against this backdrop, the dollar and sterling were on the front-foot …
- However, both currencies handed back their gains overnight …
- In level terms, EUR/GBP is just above 88p, while EUR/USD is operating north of $1.15 ...
- Today, the BoE is expected to leave policy on hold …
- Focus will be on the post-meeting press conference and updated Monetary Policy Report …
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