FX: Cable Hits 31 Year Lows

Market Drivers October 4, 2016Cable drops below 1.2800 RBA stays on hold Nikkei 0.83% Dax 0.73% Oil $48/bbl Gold $1311/oz. Europe and Asia:AUD RBA on hold 1.5% GBP UK Construction PMI 52.3 vs. 49.0 North America:USD Consumer Confidence 10:00Cable hit 31 year lows in early London trade today as the