The geopolitical tensions have started to subside and having a upside surprise in US data yesterday there's been a more positive opinion coming throughout the markets. A mild consolidation greets traders this morning before the FOMC minutes, however, the glass appears to be one that is complete. This comes as several of the major markets are nearing a crossroads as levels are eyed that will require traders to then have a view. Treasury yields have jeopardized recently helped by New York Fed and the greater than expected US Retail Sales Manufacturing data yesterday. On the other hand, the FOMC minutes to the July meeting are released and traders will look for clues of the next rate increase. The minutes for the meetings where there is merely a statement and no media conference can frequently drive market leadership that is critical, so this may be one to see. The UK Government continues to release its newspapers on Brexit's logistics, with today being between the Irish Republic and Northern Ireland. ”Frictionless” travel being achieved between the two countries would be a sign for a softer Brexit and benefit sterling.