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Cable: Oct13 close $1.3290,........>

STERLING SUMMARY
STERLING SUMMARY: Cable: Oct13 close $1.3290, Oct16 Asia range $1.3275-1.3309
*Euro-stg: Oct13 close stg0.8894, Oct16 Asia range stg0.8878-91
*Cable closed in NY Friday at $1.3290, the release of soft US CPI data saw the
pair squeeze through $1.3300 to $1.3337 but soon faded ahead of the close
*Sterling opened Asia on a buoyant tone, reports from Sky news Theresa May will
make an unexpected trip to Brussels and the Independent story that David Davis
will also make an 'emergency' trip, lifted cable back above $1.3300 to $1.3309
*Pullback off the high with added weight via eur-stg saw cable pare early gains,
slippage extended to $1.3275 before dip buyers cushioned falls
*Rate made another attempt at the $1.3300 handle, but with lack of follow
through drifted to hold either side of $1.3285 for the balance of the session
*Euro-stg gains were capped ahead of stg0.8900, the pair later eased to hold
stg0.8880/85.

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