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Added on the 27/06/2016 10:50:46 - Copyright : Reuters EN
Britain's pound slumps to a three-decade low largely thanks to more home-grown Brexit worries. As David Pollard reports, it sent stocks up, with the FTSE 100 topping 7,000 for the first time in more than a year.
Britain's pound has fallen again on fears over a so-called "hard" Brexit, dropping below $1.27 for the first time since June 1985. And the UK's key services sector PMI has also fallen slightly, with financial services in particular bracing for fallout. Hayley Platt reports.
As worries over a so-called 'hard' Brexit continue to unnverve currency markets, UK trade minister Liam Fox calls for bespoke multilateral and bilateral trade arrangements after Britain exits the European Union. David Pollard reports.
European stocks and bonds fall in a volatile market, hit by growing concerns that global central banks' commitment to the post-crisis orthodoxy of super-low interest rates and asset purchase programmes may be waning. As Ivor Bennett reports, European stock indexes were heading for their biggest losses since June.
European and Asian stock markets built on a recovery from the shattering aftermath of last week's Brexit vote. As Laura Frikberg reports, investors wagered central banks would ultimately ride to the rescue with more stimulus.
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