Dear Reader,
Today's overview of economic news and market action:
- Investor sentiment was holding a cautious tone yesterday on both sides of the Atlantic …
- US CPI inflation was broadly in-line with expectations yesterday …
- Following the release, US rates futures firmed, Treasury yields rose & the dollar strengthened …
- This sess EUR/USD start today back in the lower half of $1.16-1.17 …
- GBP/USD is down at the $1.34 threshold …
- EUR/GBP is changing hands nearer the midpoint of 86-87p …
- Already today, UK CPI inflation has printed above the consensus …
- Later today, the main highlight will be US PPI inflation …
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