Optimism from Britain and the new Prime Minister, USA, China, corporate news of companies
Fundamental news
• Markets welcome Britain's first Labor Prime Minister since Gordon Brown with confidence in what will be a window of opportunity for an economic reset after years of tension.Sterling is the only G10 currency to rise against the dollar over the year. In terms of trade, it is back to the same level as in 2016, six prime ministers ago, during the Brexit vote. Investor premium demand for government bonds over German 10-year bonds remained stable at around 160 basis points - significantly lower than the 230 basis points reached during the 2022 mini-fiscal crisis. FTSE 100...