Sterling markets stabilised somewhat on Tuesday as calm returned to the financial markets. No economic data of significance was released from the UK, but with the Brexit panic dying down, investors had a chance to draw breath ahead of any further news regarding the UK’s withdrawal from the union. With the economic resilience of the UK being talked up, sterling found tentative support across the board although it still remained close to the lows recorded on Monday.
No significant figures expected from the UK today, but with the EU economic summit continuing in Brussels, and further developments expected in response to Brexit we will continue to see significant market movement.
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