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Cable: Nov28 NY range..............>

STERLING SUMMARY
MNI (London)
STERLING SUMMARY: Cable: Nov28 NY range $1.3221-1.3388. Nov29 Asia open $1.3341,
range $1.3341-82.
* Eur/Gbp: NY range Gbp0.8848-0.8981. Asia open Gbp0.8876, range Gbp0.8857-76. 
* Sterling was under pressure into Tuesday's fix, cable touched $1.3221 before
news of Brexit deal spiked rate to $1.3388. 
* Eur/Gbp  edged up to GBp0.8981 post fix then dropped to Gbp0.8848.
* Sterling pared part of its react gains into the close, cable eased to $1.3336,
Eur/Gbp edged to Gbp0.8879.
* Cable recovered to $1.3382 early Asia, eased to $1.3353 then slowly edged back
toward $1.3380 into Europe. 
* UK Lending data at 0930GMT provides domestic interest. BOE Carney and Ramsden
speak at 1400GMT(doubtful MonPol)
* Details of the reported Brexit deal awaited and will likely be a driver of
market. 
* Edging toward month-end, German CPI to give first clues for flash EZ CPI
Thursday. Models expect cable demand at Thursday fixes.  
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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