Dear Reader,
Today's overview of economic news and market action:
- There was a mixed mood on markets at the start of the week …
- US tariffs on Canadian, Mexican & Chinese goods took effect overnight …
- Meantime, US data missed to the downside once again yesterday …
- Elsewhere, flash Eurozone HICP inflation printed broadly in-line with expectations …
- Currency-wise, the dollar was under some downward pressure yesterday …
- This sees EUR/USD open this morning in the top half of $1.04-1.05 …
- GBP/USD is changing hands up near the $1.27 handle …
- EUR/GBP continues to operate just north of the midpoint of 82-83p ...
- Today, the main data release will be the Eurozone unemployment rate for January …
- Meantime, President Trump’s speech to a joint session of Congress will garner close attention …
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