Pound Falls On Talk of Article 50

OVERVIEW:

  • The German economy appears to be losing further momentum with the service sector PMI falling to a 16-month low in September.
  • Existing home sales in the U.S. unexpectedly fell 0.9% in August, the second straight month of declining sales.
  • Eurozone business activity is expanding at its weakest rate since the start of August 2015.