Good Morning ,

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

• Investor sentiment remained cautious yesterday amid a quiet summer data calendar and ongoing geopolitical uncertainty.
• Oil prices eased, with Brent crude falling back below $93 per barrel
• Equity markets weakened modestly on both sides of the Atlantic, while longer-dated US Treasury yields remained stable near recent highs.
• Currency market moves were limited, with the US dollar edging slightly higher
• EUR/USD opens this morning near to the midpoint of $1.16-1.17
• Today’s macro data highlights are the German Ifo survey and US consumer confidence (both Aug)

All rates quoted are indicative market rates.