FX: Cable Bends But Does Not Buckle

Market Drivers May 05, 2016 AU Retail Sales Trade Balance beat UK PMI Services misses Nikkei closed Dax 0.26% Oil $45/bbl Gold $1277/oz. Europe and Asia : AUD Retail Sales 0.5% vs. 0.4% AUD Trade Balance -2.16B vs. -2.95B GBP UK PMI Services 52.3 vs. 53.5 North America :USD Weekly jobless 8:30UK PMI