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Slightly better than expected UK Services.....>

CABLE
MNI (London)
CABLE: Slightly better than expected UK Services PMI, 53.6 vs forecast 53.2,
boosts sterling as rate pushes up to $1.3274, from around $1.3254. Reaction seen
after the disappointing release in Manufacturing PMI and Construction PMI
earlier in the week, Construction having moved into contraction. Sterling
retains a post data positive feel with corrective pullbacks finding buyers,
while Eur/Gbp gets pressed back to the Gbp0.8860 area. 
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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