Pound hits two-year low against euro as Starmer under fire
View original at uk.finance.yahoo.comPound hits two-year low against euro as Starmer under fire Borrowing costs climbed after accusations that Wes Streeting was among those lining up a leadership bid against Sir Keir Starmer - LEON NEAL/POOL/AFP via Getty Images The pound has dropped to its lowest level in more than two years as Sir Keir Starmer comes und…
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Market conditions are challenging
80% confidenceDid not authorize briefings against leadership rivals, any attack on any member of my cabinet is unacceptable
80% confidenceGilts are top performer globally over last few days/months
80% confidenceLNG supplies expected to swell late decade from new US/Qatar facilities, potential glut and price drop expected
80% confidenceOil demand will depend on government policies, electrification of transport sector is key determinant
80% confidenceGBP under pressure
80% confidenceNo sign bond markets rattled
80% confidenceNvidia stake sale was nothing to do with Nvidia itself
80% confidenceGermany not living up to its potential, productivity not as good as it should be
80% confidenceSoftBank sold Nvidia and bet everything on OpenAI
80% confidenceGBP could fall below $1.30
80% confidenceOil demand to rise 13% by 2050, reversal from prior forecasts of leveling off this decade
80% confidenceCommentary on gilt yields
80% confidenceFiscal instability risk exists
80% confidenceWeakness caused by structural change and geopolitical shifts that threaten German export model
80% confidenceDenied plotting leadership coup, attacked toxic Downing Street culture
80% confidence
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