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Global Stocks Trade in Tight Range; Pound Weakens: Markets Wrap

Global Stocks Trade in Tight Range; Pound Weakens: Markets Wrap

The pound has surged to a four-month high against the US dollar as concerns over Donald Trump’s escalating trade war spark fears of an American recession.

Pound hits four-month high as Trump’s tariff war rattles markets

Durham-based Forma-Care secures a transformative multi-million pound funding package with Leonard Curtis’s support, bolstering growth, product innovation, and supply chains.

Durham medical supplier clinches multi-million pound funding boost

The Bank of England is expected to reduce interest rates significantly faster than financial markets currently anticipate, according to new forecasts from Goldman Sachs.

Pound sinks to nine-month low as recession fears grip UK manufacturing

The Bank of England is expected to reduce interest rates significantly faster than financial markets currently anticipate, according to new forecasts from Goldman Sachs.

Pound hits 20-month high against Euro as ECB rate cuts loom

Goldman Sachs has predicted that the pound will surge to its highest level against the US dollar in over three years, buoyed by strong UK economic growth and a gradual reduction in interest rates by the Bank of England.

Pound set to reach highest level against US dollar since 2021, says Goldman Sachs

The pound surged to its highest level since March 2022, breaking through the $1.33 mark, after the Bank of England decided to keep interest rates steady at 5 per cent and signalled a gradual approach to monetary loosening.

Pound reaches two-year high as Bank of England holds interest rates steady

Euro and pound hold near 13-month highs, euro zone data in focus By Reuters

Pound approaches the 2023 high in fifth straight day of gains

Pound approaches the 2023 high in fifth straight day of gains

Greenback strength to persist on delayed Fed rate cut calls By Reuters

Pound ticks up after British GDP data, euro holds above $1.10 By Reuters