Good Morning ,
Here’s a quick look at today’s economic news and market activity:
- Throughout last week, monetary policy was very much in focus …
- The Fed and BoJ hiked rates by 25bps. Meantime the BoE remained on hold …
- However, the overarching tone from the central banks was more hawkish …
- Against this backdrop, market rate expectations firmed across the board …
- Currency-wise, the dollar was in the ascendancy …
- EUR/USD opens today back below $1.15 …
- USD/JPY is up above ¥157 …
- EUR/GBP is in the top half of the 85-86p range …
- This week, the main highlight will be the flash PMIS for September …
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