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European Midday Briefing: U K Bonds Rally After Boris Johnson Quits PM Race

European Midday Briefing: U K Bonds Rally After Boris Johnson Quits PM Race
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BBCNEWS BBC News June 4, 2024 09:17:00

crisis. so tackling all of those in bringing down the markets expectations when it comes to inflation and interest rates, that is the key. it is going to be a pretty intense couple of weeks for the chancellor, ultimately like his predecessor he is likely to be judged on the outcome by the market and the price could be pretty steep both ways. and the price could be pretty steep both wa s. . ~ and the price could be pretty steep both wa s. ., ,, , and the price could be pretty steep bothwas. ., both ways. thank you. let s stay with this. with over 25 years of experience in the financial markets industry and here to share her take on the market reactions, i m joined by the head of fx strategy at rabobank, jane foley. welcome. what is the answer to that question that was opposed just now about how creditworthy investors see the uk as being? the about how creditworthy investors see the uk as being? about how creditworthy investors see the uk as being? the answers will be within the statem

BBCNEWS BBC News June 4, 2024 08:28:00

important, and we have seen the response to that. response to that. so, credibility, very strongly response to that. so, credibility, very strongly linked response to that. so, credibility, very strongly linked to response to that. so, credibility, i very strongly linked to transparency as well, basically level with people, to say, this is what our thinking was. and in terms of market reactions, early market reaction so far today, just take us through that, please. far today, just take us through that. please- far today, just take us through that, please. the early market reaction has that, please. the early market reaction has been that, please. the early market reaction has been slightly - that, please. the early market - reaction has been slightly positive, we are seeing the pound trading slightly better, but this seems to be the first in a number of steps towards regaining the confidence of the markets, so the pound is trading slightly higher. interest rate expectations

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