Market context
Follow the story. See which markets it affects. Explore the context.
British inflation held steady below expectations, prompting markets to price in likely Bank of England rate cuts this year, weakening GBPUSD amid easing bets and fiscal concerns ahead of the upcoming…
UK GDP growth in August met forecasts, supporting GBP above 1.34, despite weak services and construction. Tax hikes and spending cuts are likely amid rising borrowing costs, while markets price in po…
GBP rose to $1.343 after Chancellor Rachel Reeves pledged fiscal discipline and targeted infrastructure and industry support; markets awaited clearer Budget details. US shutdown risk pressured the do…