Pound Extends Gain Above $1.22, Quiet Start for FTSE 100
Markets are open throughout Europe and it’s a flat begin for the FTSE 100. The FTSE 250, nonetheless, is rising 0.6% — helped by a achieve in Pennon Group which owns SouthWest Water. That’s after the corporate mentioned it’ll make investments £2.8 billion to enhance water high quality over the subsequent 5 years.
Gilt yields are up barely, although nothing too dramatic. The pound is strengthening towards the greenback now and is again above $1.22.