Free Trial
US 10YR FUTURE TECHS

(U2)‌‌ Corrective Cycle Still In Play

EUROZONE ISSUANCE

EU H2-22 funding plan

CROSS ASSET

Equities are extending gains

UK T-BILL AUCTION RESULTS

1/3/6-month UKTBs

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
CABLE
CABLE: GBP/USD unchanged in early Asia dealing, last $1.2788, as cable sticks to
a tight range.
- Little in the way of developments in Brexit matters in Wednesday's UK press as
of yet. Some focus on a swing for support of UK PM May in the latest
YouGov/Times poll, although this isn't expected to be a GBP mover.
- UK PM May set to meet with EU's Juncker Wednesday, with the EU showing little
signs of budging re: the draft Brexit deal, and Brexiteers seemingly softening
their stance over the last 48 hours or so, with talk that any triggering of a
confidence vote in PM May could be delayed.
- Various BoE MPC members, including Carney, offered little new in their Tsy
select hearing Tuesday.
- Recovery efforts have lacked impulse, capped around the $1.2880 level,
suggesting that the bearish trend remains intact. Thursday's low of $1.2724
remains the focus as does up trendline support from the Aug lows at $1.2704.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.