Good Morning ,
Here’s a quick look at today’s economic news and market activity:
- Risk sentiment remained cautious yesterday
- Oil prices continued to rise, with Brent crude trading to just below $95 p/b
- Equity markets weakened, with the S&P 500 ending the day 0.9% lower.
- Currency-wise, the dollar remained under pressure
- EUR/USD briefly moved above 1.17 although USD recovered some ground later in the session.
- The August flash PMI data from the US, Eurozone and UK feature on today’s macro agenda
- Markets will continue to monitor developments in the Middle East
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