Poor manufacturing releases from the UK and US – with the latter falling to a ten-year low – have helped keep the pound and dollar respectively low. Euro has benefited from this weakness, with an upward tick this morning.
Boris Johnson, still one of the favourites for the Conservative leadership, has reiterated that the UK would leave the EU with or without a deal in October, which didn’t help to calm the markets.
UK retail sales also fell with what is thought to be the biggest drop since 1995, in another less-than-positive sign.
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