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Good Morning ,

 

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

 

  • Risk sentiment remained cautious yesterday
  • Oil prices continued to rise, with Brent crude trading to just below $95 p/b
  • Equity markets weakened, with the S&P 500 ending the day 0.9% lower.
  • Currency-wise, the dollar remained under pressure
  • EUR/USD briefly moved above 1.17 although USD recovered some ground later in the session.
  • The August flash PMI data from the US, Eurozone and UK feature on today’s macro agenda
  • Markets will continue to monitor developments in the Middle East

 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1692   0.17 -0.45
EUR/GBP 0.8568   -0.10 -1.69
GBP/USD 1.3645   0.29 1.28
GBP/EUR 1.1668   0.11 1.72
*versus Previous Day's European Open

All rates quoted are indicative market rates.