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Cable: Sep15 NY range..............>

STERLING SUMMARY
MNI (London)
STERLING SUMMARY: Cable: Sep15 NY range $1.3560-1.3610. Sep18 Asia open $1.3570,
range $1.3560-1.3604. Current $1.3592(0454GMT)
* Eur/Gbp: NY range Gbp0.8789-0.8827. Asia open Gbp0.88015, range
Gbp0.8783-0.8805. Current Gbp0.8786(0458GMT)
* BOE MPC Vlieghe hawkish comments Friday provided added impetus that took cable
to $1.3614.
* Rate consolidated through balance of the session supported above $1.3560
before it closed at $1.3600. 
* Eur/Gbp consolidated around Gbp0.8800, whilst Gbp/Jpy made a reappearance
above Y151.00 in Asia. 
* No major events over the weekend saw Usd/Jpy marked higher at the open, cable
marked lower on Usd strength.
* Cable touched $1.3560 then recovered, traded to $1.3604 then eased to $1.3585
ahead of Europe.
* Light data calendar for UK Monday. BOE Carney speaks at 1500GMT and in focus
after last week's MPC Minutes.  
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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