Good Morning ,

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

• Trading conditions were relatively calm throughout the European session …
• However, oil prices rose overnight, amid an escalation in conflict between the US & Iran …
• Currency-wise, the main pairs were tightly range bound over the past 24 hours …
• EUR/USD opens today in the lower half of the $1.16-1.17 range …
• GBP/USD is at the midpoint of the $1.34-1.35 corridor …
• EUR/GBP remains in the bottom half of the 86-87p band …
• Today, the focus will be on developments in the Middle East once again …

All rates quoted are indicative market rates.