Good Morning ,

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

• Having declined last week, equity markets rebounded somewhat yesterday …
• Energy prices rose, with Brent and natural gas prices moving higher …
• Elsewhere, the spread between French & German 10-year yields fell but remained elevated …
• Against this backdrop, the euro was on the defensive. The dollar firmed overnight also …
• This sees EUR/USD open today back near the midpoint of the $1.11-1.12 range …
• GBP/USD is operating in the lower half of $1.33-1.34 …
• EUR/GBP is in the upper region of the 83-84p corridor …
• Today, the macro calendar is relatively quiet …

All rates quoted are indicative market rates.