The new week has commenced in typically quiet fashion given the absence of market moving catalysts and news flow through Monday's sessions. Global equity markets, major currencies and rates markets have traded in relatively tight ranges following on from last week's flood of central bank meetings and numerous tier 1 data releases for various developed economies. The narrative from last week was rising positive risk sentiment as the Fed and other major central banks signalled that rate cuts are likely to commence in the coming months as inflation continues to ease towards targeted levels. The Swiss National Bank ... (full story)