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Cable: Asia open $1.3480, range....>

STERLING SUMMARY
MNI (London)
STERLING SUMMARY: Cable: Asia open $1.3480, range $1.3462-82. Europe open
$1.3470, range $1.3370-1.3470
* Eur/Gbp: Asia open Gbp0.8803, range Gbp0.8811-0.88195. Europe open Gbp0.8810,
range Gbp0.8810-68.
* Brexit talks derailed by DUP concerns saw cable drop back from $1.3538  to
$1.3415 then settled around $1.3475 into close.
* Cable consolidated through the Asian session within $1.3462/82.
* Sterling came under fresh downside pressure in Europe, rate broke below
Monday's low of $1.3415 but met support ahead of $1.3400. 
* Scotland Sturgeon comment on Brexit talks saw cable drop to $1.3371 as Eur/Gbp
jumped to Gbp0.8868. 
* Suggestions PM May would meet the DUP, looking to return to Brussels
Wednesday, allowed a sterling recovery.
* Cable edged back above $1.3420 while Eur/Gbp, feeling the weight from a Eur
sell off, eased to Gbp0.8827.
* Market remains on Brexit headline watch.   
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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