1. Morning Comment - Morning Comment: Thu 27 Nov: Sterling Modestly Firmer Post-Budget

Good Morning ,

Today's overview of economic news and market action:

Upbeat tone to risk appetite yesterday
UK Budget was in focus
Generally positive market reaction to the event
Gilt yields moved lower
Sterling is firmer over the past 24 hours
EUR/GBP trading near 87.5p and GBP/USD above $1.32
Today’s macro diary is fairly quiet with the Thanksgiving market holiday in the US

		% Change Day*	End 2024
EUR/USD	1.1587	-0.03	11.92
EUR/GBP	0.8751	-0.40	5.78
GBP/USD	1.324	0.38	5.83
GBP/EUR	1.1426	0.40	-5.46
*versus Previous Day's European Open

All rates quoted are indicative market rates.

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