Monday , September 25 2017

Stocks

Sterling vulnerable as PM May poised to outline Brexit strategy

epa05408713 (FILE) A file picture dated 22 February 2016 shows British Pounds in London, Britain. The British Pound Sterling on 05 July 2016 dropped to its lowest level in three decades in reaction to the 23 June's referendum in which Britons voted to leave the European Union (EU).  EPA/ANDY RAIN

Bloomberg The pound’s rally, spurred by the Bank of England’s hawkish rhetoric, may be vulnerable to heightened sensitivity to economic data and Brexit uncertainty this week. Sterling rounded off its biggest weekly gain in five months against the dollar, reaching its highest level since just after Britain’s European Union referendum ...

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