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USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

CABLE
CABLE: Consolidation largely remained the theme overnight in Asia. News that
Democrat Jones had defeated Republican Moore in Alabama's Senate election caused
a brief bout of dollar weakness to $1.3334, before fading. Fresh sterling demand
in early Europe did manage to grind out highs of $1.3336 but again lacked follow
through. Hourly resistance is located at $1.3370, a break here opens $1.3380
(Dec12 high UK CPI react).
* Main event risk on the calendar today from the UK Labour Market Survey at
0930GMT. The UK unemployment rate held steady at its 42-year low of 4.3% in the
three months to September but single month outturns of 4.2% in both August and
September means a drop in the headline rate may on the cards in the October.
* The UK labour market remains tight and over the year has the number of those
in employment grow, though of late this trend has been a little more subdued
(there was -14k drop in the 3m to September).
* At 1200GMT UK Prime Minister Theresa May will face a weekly round of PMQ's.