LONDON:Sterling remained a day’s high against the dollar after data showed UK inflation picking up slightly, providing some relief to markets that had expected a softer number after dovish recent comments from BoE policymakers.
Consumer prices rose by an annual 1.3 percent in October, compared with a five-year low of 1.2 percent in September and in line with economists’ forecasts.
Sterling rose to $1.5669 after the data, from $1.5648 beforehand. The euro pared gains to trade at 79.81 pence, still up 0.2 percent on the day.
Gilt futures rose 3 ticks to a day’s high of 116.84 before retreating to trade around 116.76, up 26 ticks on the day.
shanghai shares start week with losses 25 june 2018
Hong Kong, (UrduPoint / Pakistan Point News - 25th Jun, 2018 ) :Hong Kong and mainland Chinese stocks fell on...
