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US OUTLOOK/OPINION

GS: Below Consensus For Payrolls

US OUTLOOK/OPINION

JPM: Modestly Above Consensus For Payrolls

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CABLE
CABLE: Cable has stuck to a tight range, adding 5 or so pips to last deal at
~$1.3075.
- Weekend news was Brexit-centric. Ex-ForMin Johnson noted his support for PM
May, but doesn't support her Brexit deal, with the PM set to stress that her
plan provides the only viable solution to a borderless Ireland. Elsewhere
Brexiteer Michael Gove has suggested that MPs could undo the Chequers deal
post-Brexit, but noted that the deal was the "right one for now." 
- The Times reported that the EU is preparing to accept a frictionless Irish
border, while the FT has reported that Barnier is looking at options to
"de-dramatise" the Irish border situation, this comes in front of an EU meeting
later this week (some press reports have suggested that this meeting will give
Barnier a mandate to get a deal done).
- GBP/USD's bullish picture remains intact above the 50-DMA ($1.2988) with bulls
targeting the 100-DMA ($1.3173) to extend the rally.
- UK CPI & retail sales headline this week, with BoE's Haldane also set to
speak.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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