At least four cabinet ministers, including those close to both UK Health Sec Streeting and Manchester Mayor Burnham, deny reports that they will go to PM Starmer today to tell him to go, reports Bloomberg's Wickham
The denial from key cabinet ministers regarding potential instability in the UK government is a positive signal for political stability, which could support the GBP in the near term.
UK Cabinet Minister said Chancellor Reeves is looking to decouple from PM Starmer, Mail on Sunday's Hodges reports citing a cabinet source
UK Cabinet Ministers and MPs are reportedly pointing towards the statement by the Unions call for a timetable, as a potential trigger for a "second wave" of calls for UK PM Starmer to step down, reports Mail on Sunday's Dan Hodges
At least four cabinet ministers, including those close to both UK Health Sec Streeting and Manchester Mayor Burnham, deny reports that they will go to PM Starmer today to tell him to go, reports Bloomberg's Wickham
US President Trump says it has been a fantastic day; had extremely positive and productive meetings; things discussed are good for China and the US; Invites Chinese President Xi to the White House for September 24th
US Treasury Secretary Bessent thinks incoming Fed Chair Warsh will bring an open mind to the Fed; adds that there may be one or two hot inflation numbers, followed by disinflation
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Market participants may read this as a loss of momentum for opposition pressures, meaning less volatility for GBP/USD and potential support for UK equities. However, keep an eye on broader geopolitical developments, as they can quickly shift sentiment.
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