Good Morning ,

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

• Throughout last week, monetary policy was very much in focus …
• The Fed and BoJ hiked rates by 25bps. Meantime the BoE remained on hold …
• However, the overarching tone from the central banks was more hawkish …
• Against this backdrop, market rate expectations firmed across the board …
• Currency-wise, the dollar was in the ascendancy …
• EUR/USD opens today back below $1.15 …
• USD/JPY is up above ¥157 …
• EUR/GBP is in the top half of the 85-86p range …
• This week, the main highlight will be the flash PMIS for September …

All rates quoted are indicative market rates.