Currency depreciation –> looser monetary policy is not a feature of EMs.
By: Matthew C Klein
Not everything that happens post-Brexit is because of Brexit.
By: Kadhim Shubber
Because “the pound’s diminishing role in international capital flows post-Brexit should permanently reduce its reserve status.”
By: David Keohane
Three possible outcomes for GBP with the ruling due in under 15mins
Sterling windfall for Wolseley, UK oil and gas down, dollar firms after US debate. FT Opening Quote, with commentary by City Editor Jonathan Guthrie, is your early Square Mile briefing. You can sign up for the full newsletter here.
By: Siona Jenkins