Sterling Drifts Lower as PMI Misses and Autumn Budget Risks Loom for Gilts and Volatility
Why now
Thesis: Weak UK data and budget risk pressure sterling
Catalyst to watch: Autumn Budget details and gilt auctions
Main risk: Fiscal surprise triggers gilt selloff
Why it matters
Weak PMI and budget risk raise gilt volatility and weigh on sterling and UK assets.
Sources
- googlenews · news.google.com · 2026-09-28 13:28 UTC