FTSE 100 Live: UK Stocks in Worst Week Since October as Traders Trim Rate Cut Bets

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Well, everything is turning around or paring even more now after another slice of American data.

The ISM services PMI reading for the US came in much weaker than had been anticipated.

That has seen Treasuries reverse their losses and the rise in gilt yields is also close to or has reversed direction.

And the pound has surged on a weaker dollar, now sitting well above $1.27. And UK stocks have pared their decline too.

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