Hard to See Reason for Sterling to Fall For Now 1142 GMT - With U.K. inflation very high and interest rates looking likely to rise further, sterling is likely to stay strong, says ING currency.
UK Recession Would Bring Down Gilt Yields 1119 GMT - A U.K. recession would allow the Bank of England to ease off raising interest rates and cause the recent sharp rise in gilt yields to.
The FTSE 100 Index closed Friday down 0.3% to 7256 points despite a bounce in energy and commodity-exposed stocks, mainly dragged by pharmaceutical and consumer goods companies, underperforming its.
The FTSE 100 widened the previous day s fall, closing down 2.2% to 7280 points with almost all stocks in the red in line with global peers amid increasing concerns that U.K. interest rates will.