Anirban Nag

Gilt yields hit post-Brexit highs after UK GDP data, sterling drops

Oct 27 2016

LONDON British gilt yields surged to a post-Brexit peak on Thursday, after data showed the economy had grown faster than expected in the third quarter, reducing the chances of an interest rate cut in the near term.

Gilt market sell-off continues, keeping pressure on sterling

Oct 17 2016

LONDON A sell-off in the British government bond market continued on Monday amid political instability jitters, pushing 10-year gilt's yield to its highest since June's Brexit vote and pressuring the battered pound.

Sterling near record low as court hears Brexit vote was just "advisory"

Oct 13 2016

LONDON Sterling traded close to a record low in trade-weighted terms on Thursday, kept under heavy pressure by worries that Britain will undergo a "hard Brexit" that will sever ties with Europe's single market.

Worst four days since June pushes sterling to $1.22

Oct 11 2016

LONDON Sterling shed more then 1 percent to trade as low as $1.22 on Tuesday as senior officials and investors pointed to the potential for more declines in a market still trying to recover from Friday's 10 percent flash crash.

Sterling fails to shake off hard-Brexit blues

Oct 10 2016

LONDON Sterling slipped below $1.24 on Monday, extending last week's heavy losses, as investors bet that Britain will undergo a "hard Brexit" - a total split from Europe's single market.

Computer-driven funds likely winners from sterling flash crash

Oct 07 2016

LONDON Computer-driven hedge funds were most likely the main winners when the British pound lost a tenth of its value to a 31-year low in a matter of minutes on Friday, investors said.

Sterling drops to 31-year low on "hard Brexit", May angst

Oct 06 2016

LONDON Sterling fell to a 31-year low on Thursday on fears of a "hard" exit by Britain from the European Union and Prime Minister Theresa May's comments on the impact of loose monetary policy, which some saw as a thinly veiled attack on the Bank of England.

Sterling weak, pinned down near 31-yr lows on "Hard Brexit" concern

Oct 06 2016

LONDON, Oct 6 Sterling fell on Thursday, undermined by growing concerns of a 'hard' exit by Britain from the European Union and sidestepping Prime Minister Theresa May's comments on the impact of loose monetary policy.

Pound hits 31-year low on 'hard' Brexit worries while UK stocks soar

Oct 05 2016

LONDON Sterling slid to its lowest level in more than three decades on Tuesday on fears of a "hard Brexit" from the European Union and its single market, although the weaker pound sent UK stocks surging higher. | Video

Brexit worries drive sterling to six-week low against euro

Sep 26 2016

LONDON, Sept 26 Sterling slipped to a five-week low against the euro on Monday, as lingering worries over the economic impact of Britain's impending exit from the European Union weighed on the currency.

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