XE Market Analysis: UK Budget Unveils Need for Increased Borrowing

OVERVIEW Chancellor Hammond plans to spend more over the next couple of years to offset the impact of Brexit. US consumer sentiment index dropped to 98.5 from 100.7 in October as we head towards the Thanksgiving holiday. The Euro demonstrates resilience despite the political uncertainty going into next year. HIGHLIGHT The UK budget gave first-time buyers a boost with the stamp duty being axed for up to £300k, while the economic growth estimate was downgraded.

Source: XE news feed
XE Market Analysis: UK Budget Unveils Need for Increased Borrowing