Trump’s promise of ‘fire and fury’ weakens global stock markets

There’s not much on the economics agenda to move currency markets today but the pound has touched back over $1.30 against the dollar this morning.

It’s a quieter day regarding corporate results too with the highlight being G4S’ revenue rise confirming that the world’s largest security firm’s turnaround remains on course. Nonetheless, it is the biggest faller on the blue-chip index this morning, dropping 3.5pc early on.

Interim results: G4S, Riverstone Energy, Legal & General Group, Spirax-Sarco Engineering, Stock Spirits Group, Hastings Group Holdings

Economics: Federal budget balance (US) Preliminary non-farm productivity (US)

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