Not too much on the agenda in European morning trade ...Middle East

The aussie is the main mover so far today, pushing higher after hotter May inflation numbers here. That is reigniting talks of an RBA rate cut heading into August, with the Q2 CPI report at the end of July going to be a big one to watch. Besides that, major currencies are mostly little changed with the dollar keeping steadier on the week.Of note, USD/JPY continues to hover just below the 160.00 threshold while EUR/USD is sticking close to 1.0700 still.Looking to the session ahead, there won't be much to shake up the market mood as a whole. We will have German GfK consumer sentiment for July and French consumer confidence for June. Both aren't any real market movers, so we might be in for a q

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Not too much on the agenda in European morning trade ...Middle East

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