Good Morning ,
Today's overview of economic news and market action:
- The “risk-off” mood on markets gathered further momentum yesterday …
- Concerns of a resurgence in global inflationary pressures intensified …
- Against that backdrop, market interest rate expectations firmed markedly …
- Currency-wise, the dollar remained to the foe, albeit it is off its peak …
- EUR/USD is back above $1.16 …
- GBP/USD is in the lower half of $1.33-1.34 …
- EUR/GBP is just north of the 87p mark …
- The focus will stay firmly on the conflict in the Middle East today …
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