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Cable: Asia open $1.3570, range....>

STERLING SUMMARY
MNI (London)
STERLING SUMMARY: Cable: Asia open $1.3570, range $1.3560-1.3604. Europe open
$1.3590, range $1.3538-1.3618.
* Eur/Gbp: Asia open Gbp0.88015, range Gbp0.8783-0.8805. Europe open Gbp0.8786,
range Gbp0.8779-0.88185.
* Uneventful weekend saw Usd/Jpy marked higher at the open, cable marked down
from $1.3600 to $1.3560.
* Cable edged back to $1.3604 through a Tokyo holiday thinned Asian market, then
eased to $1.3585 ahead of Europe.
* Cable bounced back from an early Europe low of $1.3582 to post a fresh post
Brexit vote high of $1.3618.
* Strong Usd rebound pressed cable to $1.3550, eventual break to $1.3538 as
Eur/Gbp bounced from Gbp0.8779 to Gbp0.8810. 
* Sterling struggled to recover with Eur/Gbp extending its recovery gains to
Gbp0.88185 late morning.  
* BOE Carney speaks at 1500GMT, in focus after last week's MPC Minutes/Comments.
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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