FX: Cable Crumbles As Inflation Rumbles

Market Drivers  May 16, 2017 Euro takes out 1.1000UK Inlfation remains elevatedNikkei 0.25% Dax -0.06%Oil $49/bblGold $1234/oz.Europe and Asia:GBP UK CPI 2.7% vs. 2.6% EUR ZEW 83.9 vs. 82 EUR GDP 1.7% vs. 1.7%North America:USD Housing Starts/Permits 8:30 USD Industrial Production 9:15Volatility