Thursday April 20th, 2017: The pound bounced back today as markets adapted to the news of the forthcoming general election. As NAB’s Rodrigo Catril tells Phil Dobbie in today’s Morning Call, the markets were taken by surprise yesterday, along with everyone else. US treasury yields bounced back a little after hitting five month low, and the US dollar finished its slide, perhaps because it’s been a quiet 24 hours on the world stage. President Trump seems to have been more preoccupied with the congressional elections in Georgia. We also look at today’s CPI reading from New Zealand and the latest standing in the French Presidential election.