The British Pound is up another +0.4% versus the US Dollar this morning after another solid acceleration in UK Services PMI to 62.5 in October (versus 60.3 in September).
10-year Gilt Yields are up 10 basis points in two days. And they should be.
Reality check: Bank of England Governor Mark Carney is not Mervyn King. And Carney is not going to be like Janet Yellen either. #StrongPound.
>>>CLICK HERE for Hedgeye CEO Keith McCullough's morning conference call on Europe.