The AUD to GBP pair rose to a three-week high on mixed economic data from Markit and Commonwealth Bank. The flash manufacturing PMI data for March improved from 49.8 to 50.1. In the report, the researchers found that while manufacturing production dropped to a record low in March, some manufacturers […]
The EUR to GBP pair stalled as Europe became the epicentre of Coronavirus. According to official data, six European countries have more than 141k cases of the disease. This represents more than 41% of the global total. Just this weekend, more than 1,400 people died of the illness from Italy.
The FTSE 100 index is set to decline by more than 1% as UK braces itself for an Italy-style lockdown. The warning from Boris Johnson came as the number of confirmed coronavirus cases in the country rose to more than 5,600. More than 280 people have died from the disease.