Good Morning ,

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

• Investor sentiment continued to hold a cautious tone yesterday …
• US core-PCE inflation printed below the consensus for August …
• Meantime, German, French and Italian inflation rose due to higher energy prices …
• On the currency front, the euro and yen were on the defensive …
• At the same time, sterling was holding a slightly firmer tone …
• This sees EUR/GBP open today in the lower half of 85-86p …
• EUR/USD is operating at a new YTD low, close to the $1.13 threshold …
• Today, remarks from ECB officials, including President Lagarde will be in focus …

All rates quoted are indicative market rates.