Technical Analysis

UK finance minister Hunt statement expected at 1000 GMT

The U-turn of the mini-budget continues and what will be more interesting is the reaction in the gilts market as it opens in around 20 minutes from now. If this statement isn’t enough to calm investors, there will be serious problems for the government and the BOE. We’ve gone from an emergency statement from the central bank to an emergency statement by the government now. Fun times.

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