UK labour market report the highlight of the agenda today ...Middle East

It's been a slower start to proceedings as markets are on edge ahead of the main events coming up later in the week. The euro fell yesterday but it owed to political angst over the weekend. Besides that, major currencies saw no follow through to the US jobs report from Friday last week. It means that the new week looks to be fair game once again now.Broader markets are fairly tepid as we look to European trading today. And that's not entirely surprising. The real action in markets will only kick off tomorrow. So, today will be more of a waiting game.But at least there is the UK labour market report to work through in the session ahead. Traders are pricing in ~32 bps of rate cuts for this yea

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