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Gilts Climb as Investors Await More Policy Details From Burnham
Summary by Financial Post
6 Articles
6 Articles
Gilts Steady as Investors Await More Policy Details From Burnham
Sterling rises as investors await fiscal policy
Sterling was last up 0.15% at $1.3451, rising after falls in the last three sessions Sterling rose against a broadly weaker dollar on Tuesday after John Healey was appointed as Britain’s new finance minister, with investors awaiting latest signals on the government’s fiscal policy. Sterling was last up 0.15% at $1.3451, rising after falls in the last three sessions. It was also stronger on the euro, which was down 0.08% at 84.92 pence. Healey…
Doubts about a relaxation of tax rules hit bonds and rekindled the memory of Liz Truss's collapse.
The pound fell to its lowest level of the session after Burnham's comments, losing up to 0.3% against the dollar
Coverage Details
Total News Sources6
Leaning Left1Leaning Right1Center0Last Updated50% Left, 50% Right
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
50% Right
L 50%
R 50%
Factuality
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