The week has started with a bit of a..........>

FOREX: The week has started with a bit of a whimper, with FX markets

consolidating through much of the Asian and European morning sessions. Sterling

is the outperformer in the G10 this morning after opening bid in Asia on the

back of some renewed Brexit optimism, but has since retraced most of its gains

as further negative headlines have hit. GBPUSD hit a session low just ahead of a

disappointing services PMI print.

Elsewhere, all other currencies are trading in a narrow range with the Antipodes

outperforming European currencies. European equity market performance is mixed

so far this morning while European yields are marginally higher on the day.