Cable down at 1.6042 from around 1.6090 where I left it Monday. I was getting reports of real money selling above 1.6100 yesterday and it sounds like that has continued overnight in Asia.
UK data due today:
Halifax house prices for June expected flat m/m, -4.2% y/y
08:30 GMT: UK services PMI for June expected 53.5 from previous 53.8
08:30 GMT: UK official reserves (changes) for June
At 07:30 GMT we have BOE’s Salmon speaking.
