sterling

The combination of fiscal sustainability concerns and rate-cut expectations prompted options market traders to bet on a weaker sterling ahead of the budget.

Ahead of a crucial U.K. budget on Wednesday, U.K. sovereign bond yields and sterling were also steady.

Gilt and sterling investors remain nervous due to uncertainty on the U.K. fiscal policy.

She has an eagle eye for clothing with “100% cotton” on the tag or sterling silver jewelry stamped with a tiny “925,” indicating the quality of material.

—Elsewhere, sterling fell slightly after data showed U.K. inflation eased in line with expectations in October, firming expectations for the Bank of England to cut interest rates in December.