Sterling Drifts Lower as PMI Misses and Autumn Budget Risks Loom for Gilts and Volatility
Why now
Thesis: UK data and budget risk pressure sterling
Catalyst to watch: Autumn Budget and UK PMI revisions
Main risk: Budget details still unknown
Why it matters
Weak UK PMI and budget risk weigh on sterling and raise gilt volatility expectations.
Related assets & topics
GBP/USD · GBPUSD=XSources
- googlenews · news.google.com · 2026-09-28 13:28 UTC