is why we're watching as a trading day
gets going in London pound sterling
under pressure dipping below 122 at a
level last seen in mid-january appears
some unnerve asst ahead of the
Chancellor's budget as meant to you at
lunch time this shapes is a delicate
balancing act mr. Hammond and the
currency actually may well snap back
once we hear from him talking up the UK
economies prospects in the face of
Bridget and highlighting an improving
budget outlook could well sway the
current cautious mood we're seeing for
the pound and the guilt market looking
across equity markets the moon is rather
doubt as investors reflect on last
week's record run all Street pullback
overnight for the second day running
with S&P futures indicating further
downward pressure back ends at the open
sentiment rather fragile here ahead of
Friday's employment report the European
shares they're also on the defensive as
investors await the European Central
Bank meeting due on Thursday for the
dollar gains a modest as gold slips with
bond traders pricing in a ninety percent
odd of Federal Reserve rate tightening
next week