Possible M&A flows will be lending cable some support.
Talk Bank of New York Mellon is interested in aquiring Uk hedge fund Man, with potential for deal of some GBP 5.5 bln.
Elsewhere, Japan’s Nippon Telegraph & Telephone (NTT) has bid for UK listed S.African IT company Dimension Data. the offer valued at £2.1 bln.
Cable presently at 1.5275.