Second-tier data on the agenda in Europe today ...Middle East

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Second-tier data on the agenda in Europe today
The market is in a calmer mood once again today, looking to keep a steadier tone overall. Traders are taking a breather from the Monday rout although the air of optimism did get a bit thin for a while yesterday. But Wall Street finished stronger, despite some selling late into the close. And that's providing some base for today: Markets stick to recovery mode ahead of European tradingUSD/JPY is up over 2% to 147.60 levels now, helped by BOJ deputy governor Uchida's remarks earlier. He mentioned that the central bank will not hike rates when market conditions are "unstable". Broader markets are keeping the calm too as such, with S&P 500 futures seen up 0.9% and 10-year Treasury yields up 3 bp

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