Fitch affirms UK at AA- with a negative outlook 0 (0)

Fitch on the UK rating
From Fitch, who lowered the UK to AA- in March.
The UK’s ratings balance a high income, diversified and advanced economy against high and rising public sector indebtedness. Sterling’s reserve currency status, deep capital market and strong governance indicators support the ratings. The very long average maturity of public debt (15 years)

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Spain recommends for Madrid to go into total lockdown 0 (0)

The Spanish government recommends Madrid to extend lockdown restrictions to all parts of the region
Madrid just announced that they are raising the number of areas under lockdown to 45 from 37 moments ago, adding that about 1 million people in the region are reported to be in lockdown based on the latest restrictions.

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Pound a little higher on the day as buyers keep up defense of key daily moving averages 0 (0)

The pound is up in European morning trade
here
That still remains the key technical level to watch for now, with the pound also hoping to take comfort from UK finance minister, Rishi Sunak’s announcement on a wage support scheme – to help alleviate some pressure from the jobs market.

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