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Markets are calmer with some better than expected figures for the US and Chinese services sectors as well as a bounce for oil. Apart from the more important oil report, we’ll have the Fed minutes high on the agenda and late in the day. While the document is from a meeting held three weeks ago, the last minute revisions and the source make it all important. Will USD/JPY make another move on 110? Will EUR/USD move out of range?

Wrap up of the morning show for April 6th 2016: