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