British pound boosted by resilient economy and Labour election landslide
Hedge funds and investors lured by high interest rates, but flows could leave country vulnerable to a shift in sentiment
Traders slash bets on August rate cut after consumer price figure remains at 2% target
New chancellor could boost fiscal headroom by excluding impact of Asset Purchase Facility on Treasury debt target
Pound hits highest level against dollar since July 2023 as chances of August interest rate cut recede
GDP increase of 0.4% in May, official data shows, as sterling rises to highest level in almost a year
UBS survey also finds reserve managers expect higher US deficit under a Donald Trump presidency
Huw Pill’s comments cause traders to scale back expectations of UK interest rate cuts
UK asset management group hires Andrew Chorlton from Schroders as replacement
Marine Le Pen’s Rassemblement National falls well short of expected gains in parliament
The country’s far right was denied a majority in Sunday’s parliamentary elections
Market Questions is the FT’s guide to the week ahead
Keir Starmer’s party has promised to deliver 1.5mn new homes over five years
Calm in Britain’s financial markets following Labour victory contrasts with turmoil elsewhere in Europe
Bank has ‘transmission protection instrument’ in its armoury to help Eurozone countries in crisis by buying up their debt
Paris’s Cac 40 stock index on course for worst quarter in two years
Traders on alert for further currency intervention as market impact of April’s $62bn effort proves shortlived
Stocks and currency have fallen amid concerns over ‘unsustainable’ model for eliminating budget deficit
Unexpectedly strong dollar and misfiring ‘carry trades’ fuel 4.4% loss
Relaxing fiscal rules unlikely to provoke a Liz Truss-style gilts crisis, according to fund managers
Rishi Sunak hails ‘very good news’ but markets dial back bets on rate cuts owing to services price pressures
Cac 40 down more than 6% since Macron called election, with big spending plans likely to be favoured by new parliament
Decision by index provider hits Brussels’ efforts to widen pool of investors in its debt