
Global stocks soar as traders eye Tesla and Alphabet earnings
The pound (GBPUSD=X, GBPEUR=X) was steady against the dollar on Wednesday, up 0.1% to trade at $1.3546, with fear of tax rises in the autumn capping further gains. The latest UK government borrowing figures has increased concerns over tax hikes in the autumn as well as unsettling the bond market which has hit the pound…