Cable elicited support pre-1.2500 after USD rose on hot US labor cost data

US Q1 ECI up 1.2% vs 1.0% forecast. 1.2500 approximates to Monday's low

1.2554 was Ldn am high; 1.2561 was Asia high; 1.2569 was Monday's high

Hot ECI data is boost for hawks opposed to Fed rate cut this year

Chicago PMI due at 1345 GMT; 45 f/c. Consumer confidence 1400 GMT; 104 f/c

BoE raises lifetime loss estimate for QE programme by 5 billion pounds