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Wavering risk appetite weighs after UK blast on global markets, lifts yen

Attack comes two-and-a-half weeks before an election that Theresa May is expected to win

Reuters  |  Singapore 

Sterling slipped on Tuesday after a suspected suicide attack killed at least 22 people and wounded 59 at a pop concert in the English city of Manchester, while the euro held gains made after German Chancellor Angela Merkel said it was "too weak". Despite the explosion, at a concert by US singer Ariana Grande, European markets were poised for a positive, albeit subdued, start. Financial spreadbetter CMC Markets expected Britain's FTSE 100 to open up 0.1 per cent, and Germany's DAX and France's CAC 40 to start the day little changed. The attack came just ...

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First Published: Tue, May 23 2017. 13:38 IST