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Hard to See Reason for Sterling to Fall For Now

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. ....

London , City-of , United-kingdom , Romania , India , Daniel-oneill , Chetan-udeshi , Euan-marshall , Laura-seffino , Francesco-pesole , Lee-tappenden , Martin-casha

UK Recession Would Bring Down Gilt Yields

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. ....

Nigeria , China , Italy , Croatia , Japan , London , City-of , United-kingdom , Romania , Greece , Australia , Nigerian

FTSE 100 Closes Down 0.3% As Rate-Hike Jitters Bite

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. ....

London , City-of , United-kingdom , Brazil , Brazilian , Mark-godson , Erik-fairbairn , Robert-walters , Andy-palmer , Philip-meeson , Andy-parsons , Pod-point-group

FTSE 100 Slumps on UK Rate-Hike Fears

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. ....

Brazil , London , City-of , United-kingdom , Brazilian , Erik-fairbairn , Mark-godson , Philip-meeson , Andy-palmer , Andy-parsons , Chris-beauchamp , Robert-walters