empty
 
 

24.03.202610:13:48UTC+00Sterling Weakens Amid Weak PMI and Middle East War Fallout

The British pound slipped to $1.34 as investors reacted to weaker-than-expected PMI data and mounting tensions in the Middle East, which have intensified fears of a potential energy shock. UK business activity expanded at its slowest pace since September 2025, with the war involving Iran undermining growth and driving inflation sharply higher. Manufacturing input costs rose at their fastest rate since Black Wednesday in 1992.

At the same time, markets remained fixated on developments in the conflict. On Monday, US President Donald Trump announced a five-day postponement of planned strikes on Iran’s energy infrastructure, citing "positive talks" in progress — a claim Tehran rejected, although reports indicated that indirect negotiations were taking place.

The recent spike in energy prices has prompted investors to markedly reprice the outlook for monetary policy. Market participants now expect several Bank of England rate hikes this year, a sharp turnaround from the pre-conflict consensus, which had anticipated two cuts.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    कॉन्टेस्ट में हिस्सा लें
  • चैन्सी डिपॉजिट
    $ 3,000 के साथ अपना खाता जमा करें और प्राप्त करें $8000 अधिक!
    में मार्च हम आकर्षित करते हैं $8000 चैंसी डिपॉज़िट में
    ट्रेडिंग अकाउंट में $ 3,000 जमा करके जीतने का अवसर प्राप्त करें इस शर्त को पूरा करके आप प्रतियोगिता में भाग ले सकते हैं
    कॉन्टेस्ट में हिस्सा लें
  • ट्रेड वाइज़, विन डिवाइस
    कम से कम $500 के साथ अपने खाते में टॉप अप करें, कॉन्टेस्ट के लिए साइन अप करें और मोबाइल डिवाइस जीतने का मौका पाएं।
    कॉन्टेस्ट में हिस्सा लें
  • 30% बोनस
    हर बार खाता टॉप अप करने पर 30% बोनस प्राप्त करें
    बोनस पायें


अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
Widget callback