Good Morning ,

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

• Investor sentiment continued to hold a cautious tone yesterday …
• Currency-wise, the main pairs remained very tightly range bound …
• Overnight, the yen has firmed markedly, prompting speculation that authorities may have intervened in the market …
• This sees USD/JPY changing hands down in the lower half of $157-158 today, having started yesterday close to ¥160 …
• Elsewhere, EUR/USD opens this morning just above the $1.16 handle ...
• EUR/GBP is up at the 86p mark …
• Turning to the day ahead, the macro calendar is relatively quiet …
• Remarks from a slew of Fed officials will also be in focus.

All rates quoted are indicative market rates.