Omnis market update 20 June

The FTSE 100 fell at the end of the week, weighed down by weak retail sales and signs that a hike in interest rates may be on the cards sooner than was previously expected. Sterling strengthened against the dollar and other major currencies earlier in the week, as the chances of a softer Brexit improved following the Conservative party’s poor general election showing, while the prospect of higher interest rates helped the rally continue.

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