Rolling coverage of the latest economic and financial news1.30pm: Sterling rallies towards $1.31Pound rallies as Conservatives hold leadUBS: Election is Johnson’s to lose (and there’s still time!)Trade war: insiders say Trump was too gloomyEarlier:UK economy stumbles in NovemberIntro: Trump rhetoric worries marketsHong Kong: worst month since SARS 1.27pm GMT Newsflash: Rather fewer jobs were created at American companies last month than expected, a new report shows.The ADP payroll, which measures US employment, has risen by 67,000 in November, much weaker than the 140,000 which Wall Street expected. 12.57pm GMT Sterling is continuing to climb, and is now up a whole cent today at $1.309.That’s a new seven-month high against the US dollar, the strongest position since May 7th. Continue reading…
Source link : https://www.theguardian.com/business/live/2019/dec/04/trade-war-trump-china-deal-markets-uk-services-sector-economy-business-live
Author : Graeme Wearden
Publish date : 2019-12-04 13:27:53
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