Another light one on the agenda in Europe today ...Middle East

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Major currencies are trading lightly changed for the most part so far today, although risk sentiment is slightly softer ahead of European morning trade. Both US and European futures are lower and that is tempering with the optimism slightly from earlier in the week. AUD/USD briefly moved up above 0.6900 to its highest since February 2023 but is now back down to 0.6875, keeping just below the June and July 2023 highs of 0.6895-00.Headline inflation in Australia did fall back into the target band but RBA governor Bullock already warned yesterday that it shouldn't be taken at face value. The trimmed mean reading came in at 3.4% and remains a thorn in the side of the RBA for now.Besides that, we

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