Market Roundup – Pound slide is not a horror movie – Tip TV

Pound is trading at a 31-year low and the question that each of us want to know is how low it can go and whether it means an economic horror is awaiting us.

However, investors should forget such fears and take note of the fact weak Sterling is doing good not only to the mining heavy FTSE100 index, but also to UK economy as highlighted by the sharp rise in PMI index released on Monday.

Tip TV’s Zak Mir and Alan Green, CEO of Brand Communications discuss the slide in Pound, the resulting rise in FTSE100 and signs of green shoots in the UK economy. Green also presents outlook for stocks - Life Science Developments and Trifast. The panel also shed light on Oanda sentiment and most popular stories in business and finance.