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Sterling gains a boost as UK Construction.....>
CABLE
MNI (London)
CABLE: Sterling gains a boost as UK Construction PMI moves back into
expansionary territory as it pushes up to 50.8, vs a forecast call of 48.5.
Cable jumped from just below $1.3250 to $1.3263, as Eur/Gbp eased back to
Gbp0.8778. Those react gains now seen mainly pared as cable settles back on
$1.3250, the cross around Gbp0.8781.
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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