Sales figures from GM (down 19.4%) and Chrysler (down 9.4%) have failed to match the earlier positive Ford outcome, while Toyota has also posted a fall of 11.4 %. The high end market not surprisingly is faring worst with Mercedes down 21.7 % and BMW down 26.7%. Stocks are taking the news in their stride with a brief print at 1001 in the Sep S&P Futures. Eur/Usd is edging lower, currently at 1.4410, bids are seen in the 1.4400 area, while Cable didn’t quite manage to reach 1.7000, posting a high at 1.6970. Now at 1.6935, support is seen at 1.6910.