BLOOMBERG Bloomberg Markets European Close May 26, 2017
Is your function. We are down on the european benchmark today. Sterling 1. 2 lower today and the biggest drop since february. We will talk more about this with emma just the second. A big decline due to the narrowing of the polls in the upcoming elections. Starting with this chart, the correlation between the ftse and the pound. Your member since the referendum a weak pound and rising stocks on the ftse because most of them get their earnings from overseas. Interesting is that the correlation is now positive, but the index shows no signs of running out of steam. Five weeks of gains just below ...