Ftse 100

As the Brexit-hit pound continues to get a hammering, the FTSE is still going strong despite an otherwise lacklustre day in the stock markets.

After the sluggish wages data yesterday, the pound was hit again this morning on news UK inflation remained flat in June, raising further doubts over an August rate hike from the Bank of England. But this was good news for the stock markets, with the commodity-heavy FTSE 100 extending its gains after a sizeable rally the day before and despite ongoi...

Risk remained on the table in the first half of European session. Safe haven gold and yen fell while stock indices pushed higher with the German DAX printing a new high for the week and reached its best level since early February.