[MARKET UPDATE] Gilts continue to rebound and GBP/USD hits highs after former-Deputy PM Rayner and Cabinet Minister Streeting back the PM
The backing of the Prime Minister by key political figures like former Deputy PM Rayner and Cabinet Minister Streeting is likely bolstering confidence in government stability, which can positively impact gilts and GBP/USD.
US Consumer Inflation Expectations (Jan) 3.1% (Prev. 3.4%)
Newsquawk Daily Economic Releases - 10th February 2026
[MARKET UPDATE] Gilts continue to rebound and GBP/USD hits highs after former-Deputy PM Rayner and Cabinet Minister Streeting back the PM
Former UK Deputy PM Rayner announces support for UK's PM Starmer
EU has reportedly proposed including third-country ports in the latest sanctions package against Russia, the first time this has been proposed
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This uplift can be interpreted as a signal of potential political continuity, which generally supports investor sentiment and risk appetite, leading to the observed price action in these assets.
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