Chris Weston: Is EURGBP the new political stability trade?

A ‘strong’ govt under Starmer vs the weak and fragmented political situation in the EMUs two biggest nations

As Wu Tang said, “Cash Rules Everything Around Me” and fragmented doesnt feed well into that equation.

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BoE: 25bp cut; 8-1 vote; CPI f’casts revised up; Bailey to go meet-by-meet, no repeat of ‘more activist’ line FOMC:

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