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EUROZONE ISSUANCE

EGB Supply for W/C Jul 26

USDCAD TECHS

Pullback Considered Corrective

US TSYS SUMMARY

What a Short, Strange Trip It's Been

GLOBAL POLITICAL RISK

Pfizer, Moderna Jabs Retain High Trust; AZ, Sputnik Lower

AUDUSD TECHS

Trend Indicators Remain Bearish

Cable: Oct31 NY range..............>

STERLING SUMMARY
STERLING SUMMARY: Cable: Oct31 NY range $1.3202-89. Nov1 Asia open $1.3283,
range $1.3269-93. Europe open $1.3275
* Eur/Gbp: NY range Gbp0.8766-0.8813. Asia open Gbp0.8767, range Gbp0.8860-68.
Europe open Gbp0.8761
* Sterling enjoyed a buoyant tone through Tuesday trade. Cable extended its
recovery to $1.3289, boosted by end month demand. 
* Move up was also aided by Eur/Gbp easing to Gbp0.8766, no major end month
demand seen. 
* Market positioning for Thursday's BOE MPC, market widely expecting a hike of
25bp provided the main buoyancy. 
* Eur/Gbp extended lows to Gbp0.8760 while cable edged to $1.3293 before it
eased with Eur/Usd to $1.3269. 
* $1.3265 level holds the strike of an expiring option for today's NY cut,
Gbp605mn.
* UK Manufacturing PMI due at 0930GMT, median 55.9 vs last 55.9. 
* Cable resistance to $1.3300, stronger $1.3320 to $1.3350. Support $1.3225/15. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com