Pound rebounds after hitting 10-year low against euro on no-deal warning: as it happened

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Pound rebounds after hitting 10-year low against euro on no-deal warning: as it happened
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The pound dropped to a 10-year low against the euro early this morning

European indices all closed gently in the red, capping off a fairly muted day on the markets so far — but one that looks set to turn more ugly once Hong Kong trading begins again. The pound actually had one of its better recent days, but an early-morning blip was enough to vault the August 2017 sticking point against the euro it had been threatening to pass for days.

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