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UKX FTSE 100 Index

8,144.13
-2.90 (-0.04%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
FTSE 100 Index FTSE:UKX FTSE Indices Index
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -2.90 -0.04% 8,144.13 8,199.95 8,138.14 8,147.03 0 16:35:30

Trade Talk Drives GBP Over Virus Fears -- Market Talk

24/02/2020 10:18pm

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21:48 GMT -- GBP/USD is trading in a narrow range around 1.2920. With only 12 coronavirus cases in the UK (of which 8 patients have since recovered and no recorded deaths,) GBP will be driven for now by trade negotiations with the EU. CBA says the EU and UK are expected to formalize their negotiation objectives this week. The UK has already emphasized that under a new trade relationship with the EU there will be regulatory flexibility and an end to the role of the European Court of Justice. In contrast, the EU insists on regulatory alignment on issues like the environment, state aid and worker's rights. (james.glynn@wsj.com; @JamesGlynnWSJ)

(END) Dow Jones Newswires

February 24, 2020 17:03 ET (22:03 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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