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OUTLOOK

Monday Look Ahead, Markit PMIs, ISMs

OPTIONS

Larger FX Option Pipeline

FED

Atlanta Fed 3Q GDP Est 6.1%

US TSY OPTIONS

10Y Put Scale Buyer Continues

Cable: Asia open $1.3262, range....>

STERLING SUMMARY
STERLING SUMMARY: Cable: Asia open $1.3262, range $1.3260-78. Europe open
$1.3264, range $1.3179-1.3276. 
* Eur/Gbp: Asia open Gbp0.8907, Gbp0.8905-0.89155. Europe open Gbp0.8915, range
Gbp0.8914-0.89575.
* Stronger than forecast UK Q3 GDP boosted sterling Wednesday, took cable from
$1.3110 to $1.3271.
* Eur/Gbp lurched down to Gbp0.8880 then recovered to Gbp0.8923 as Eur/Usd
recovery outpaced cable.
* Usd remained under pressure into Asia, cable edged on to $1.3278(76.4%
$1.3337-$1.3087) then settled around $1.3265.
* Eur/Gbp recovery continued through Asia and in Europe, met initial resistance
at Gbp0.8933 before it spiked on to Gbp0.89575.
* Move shoved cable down to $1.3179 before sterling recovered, allowed cable to
edge back toward $1.3200.  
* UK CBI Retail data at 1000GMT but this will be overshadowed by ECB rate/QE
announcements 1145GMT/1230GMT.
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com