UK Market Narrative Wed 27 Feb 19: UK Markets take a Strong £ Pounding

As GBP probed new highs not seen in almost 2 years and at $1.33,  the FTSE duly moved in the opposite direction confirming the inverse relationship by losing 0.6%  MCIX, TechMARK and AIM All-Share dropped by almost the same amount 0.6-0.7%. Gen Retail dropped almost 3% as MKS lost almost 13% on the announcement of a £750m JV with OCDO … Read More

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