The Afternoon Update with Lynlee Foo (1pm – 4pm)The Afternoon Update with Lynlee Foo (1pm – 4pm)

Money in the Market: The plunge of the pound - Are we heading towards a more generalised currency crisis?

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UK Investors are now shifting from the poor growth and inflation mix to the extremely negative external balance picture in the UK. The UK economy is currently being impacted by different forces that make forecasting the economic outlook increasingly difficult. Meanwhile, the pound has rebounded from its recent plunge, but some expect that rally could end. On Money in the Market, Pierre Blanchet, Head of Investment Intelligence at Amundi joins us to tells if the plunge has an effect on Asian currencies. 

 

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The Afternoon Update with Lynlee Foo (1pm – 4pm)

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