OVERVIEW
- Markets wary of US air strikes against Syria following Trump’s tweets.
- EUR edging higher in quiet trade.
- GBP recovers after weaker than expected data.
- JPY firmer as risk appetite remains mildly negative.
- RUB slide continues.
HIGHLIGHT
US consumer price inflation fell for the first time in 10 months in March, but underlying inflation continued to firm. In the 12 months through March, the CPI increased 2.4%, the largest annual gain in a year.