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Cable initially dipped to $1.3905 on..........>

CABLE
CABLE: Cable initially dipped to $1.3905 on release of UK Retail Sales before
recovering to fresh post-Brexit highs of $1.3945. The MNI data team highlighted
that November's data was window-dressed by the promotions from "Black Friday",
which has evolved from a single day event to a multiple-day or week-long affair
for some retailers. It also highlighted a similar effect may appear in December
given it will include all sales from "Cyber Monday", though the strong November
figures will likely offset this. Please see MNI Main Wire Jan18 1519GMT for the
full report. Cable last $1.3919.

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