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Free AccessCable: Nov28 NY range..............>
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.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.