Good Morning ,

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

• Investor sentiment continued to hold a cautious tone yesterday …
• Oil prices rose sharply before moving off their peak late on …
• Elsewhere, trading conditions on bond markets remained volatile …
• Overall, yields moved lower on the day and Eurozone spreads narrowed …
• Currency-wise, the dollar was initially in the ascendancy but weakened overnight …
• EUR/USD opens today in the lower half of $1.12-1.13 …
• GBP/USD is in the bottom half of the $1.32-1.33 range …
• EUR/GBP is in the top half of the 84-85p band …
• The Michigan measure of US consumer sentiment (Oct) is due today …

All rates quoted are indicative market rates.