Versus 29,747 in April. Pretty much in line with median forecast of 30,000.
Net mortgage lending 1.182 bln in May vs 1.199 bln in April.
Cable hovering around session lows, presently at 1.6010. Just hearing a UK clearer with strong Far Eastern connections has been notable seller of the pairing in recent trade.
UPDATE: On the flip side, just being told US investment bank (you know the one) being seen on the bid in cable.
Tough call UK clearer vs US investment house……ummmm
I wonder whether US investment house is protecting some option-related interest at psychological 1.6000. Could well be.
