Trading the UK’s Spring budget statement

[MongiIG]

With analysts split on the real impact of the budget statement from Rishi Sunak, Chancellor of the Exchequer, IGTV’s Jeremy Naylor caught up with Justin McQueen from Daily FX. The idea is that there are so many external factors affecting the markets: inflation, debt, rates and heightened geopolitics among others, that it is difficult to dig out and direct market reaction to the statement itself. The discussion centres around rates and the wider strategy that traders should adopt.