Cable little changed on U.K. data

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Source: Forexpros

On Monday, the British Pound was little changed versus the U.S. counterpart, being traded close to a 2-week low, following the release of disappointing data on the U.K. manufacturing activity. GBP/USD hit 1.6110, which was the lowest since Sept. 13, and consolidated later at 1.6151, losing 0.010% for the European morning trading session.

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Mon, 01 Oct 2012 13:50:41 GMT

Eurozone production slows less than expected in September

Euro area's manufacturing in September tumbled at a slightly weaker pace than previously estimated, Markit Economics presented final data on Monday. The seasonalized manufacturing PMI came in at 46.1, the highest level in six months, up from preliminary 46.0. In August PMI was at 45.1. Production eased for the seventh straight month, however at a five-moth low pace.

Mon, 01 Oct 2012 14:46:42 GMT

U.S. stocks surge ahead of ISM, Bernanke

U.S. stock futures start the fourth quarter of this year on a positive note as traders await the manufacturing data and Ben Bernanke's talk later today. On Monday, Dow Jones futures added 60 points to 13,415. Futures on S&P 500 Index gained 5.6 points to 1,439.80, while those on Nasdaq soared 13.5 points to 2,805.50.

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