The release of the March FOMC minutes yesterday whilst affirming that they anticipate no further rate hikes during 2019 also indicated that they stand ready to adjust rates in either direction if economic conditions dictate. This indicated a much more fluid situation than previously thought and so the focus again shifts towards inducations of inflation and economic slowdown.
Asian markets are generally lower with the Hang Seng losing 230 points but off its lows and the Nikkei225 adding 28 points.
Theresa May has secured a Brecit extension until October from the EU but now has to convince parliament to accept same. The extension is a bit longer than I anticipated to giving sterling a significant lift but everything hinges on its acceptance. Sterling trades at the 1.3100 level.