Trial now
EQUITIES

China Bounce Fades, Hang Seng Closes Lower

COMMODITIES

Gold Still Inching Higher, Testing 50-dma

BOND SUMMARY

EU data beat. Attention turns to US inflation

FOREX

Greenback Lower for a Fifth Session

EURIBOR

EURIBOR FIX

STERLING
STERLING: Selling pressure going through in USD/JPY prompts a (very) modest
recovery effort in GBP/USD which manages to erase the losses seen over the past
few hours. There's a still a way to go before turning flat on the day with the
intraday high at $1.3582 not looking threatened in the slightest.
UK markets turn to tomorrow's industrial and manufacturing production figures
which are not expected to repeat the performance seen in Manufacturing PMI
numbers since November, with both Y/Y figures seen slowing by over 1ppt apiece.
These numbers (alongside November Trade Balance data) are due at 0930GMT
tomorrow. 
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com