[MARKET UPDATE] Sterling continues to climb, Cable at a fresh session high, after UK PM Starmer says he will not resign

The statement from UK PM Starmer indicating he will not resign has provided stability to Sterling, driving Cable to a fresh session high.

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Mexican Inflation Rate MoM (Jan) M/M 0.38% vs. Exp. 0.41% (Prev. 0.28%)

Mexican Core Inflation Rate YoY (Jan) Y/Y 4.52% vs. Exp. 4.50% (Prev. 4.33%)

[MARKET UPDATE] Sterling continues to climb, Cable at a fresh session high, after UK PM Starmer says he will not resign

Iran's Atomic Chief Eslami says Tehran could dilute its highly enriched uranium if all sanctions are lifted, ISNA reports

Microchip (MCHP) announces that they are proposing a USD 600mln offer of convertible senior notes

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This reflects a positive sentiment in the market regarding political stability, which could influence investor confidence in the UK economy moving forward.

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