Sterling rises while equities slide

Sep 30, 2022 | Currency, Economy, Global Share Markets, Money Market

GBP was up strongly overnight, helped by news the OBR (budget watchdog) will provide preliminary fiscal costings later next week, notes BNZ Markets this morning. Equity markets fall heavily (S&P500 -2.7%), reversing yesterday's rally. “Yesterday’s relief rally in equities, after the BoE announced its emergency intervention at the long end of the UK bond market, […]

You need an active membership to keep reading

either log in via the form below or click here to subscribe

If you have recently subscribed and selected to pay by bank transfer our admin team will activate your membership once payment has cleared

[adrotate banner="4"]

Sterling rises while equities slide

You need an active membership to keep reading

either log in via the form below or click here to subscribe

Your Advertisement Here

Your Advertisement Here