Recovered off a low of $1.3451 Tuesday,.......>

CABLE: Recovered off a low of $1.3451 Tuesday, just missing out on triggering

Barclay's TOTW exit from its long cable position, to a high of $1.3527 before it

settled above $1.3500 into the close. The close above 3.05% in 10-Yr UST yield

kept the USD on the front foot in Asia, pressed cable to an early low of $1.3485

before it again recovered, this time to $1.3516 into early Europe. After EUR/GBP

managed to break out of the base of its Ichimoku cloud at Gbp0.8783 Tuesday it

allowed the cross to ease to Gbp0.8763 which in turn provided some buoyancy for

cable. In early Asia the cross extended this move to Gbp0.8755, finding support

from the rising trend support line drawn from the Gbp0.8621 low on Apr17. Cross

continues to trade heavy, helps to keep cable above $1.3500.

- FT: PM May has announced plans to publish a Brexit white paper ahead of a key

European Council meeting next month, setting out for the first time in detail

what Britain is seeking from its future relationship with the EU.

- Telegraph: Britain's economy is entering a "menopausal" phase after passing

peak productivity, BoE deputy governor Ben Broadbent said in The Telegraph

today.