The pound made a tentative comeback on Thursday, as MPs passed an amendment which threw another obstacle in the way of a no-deal Brexit.
London stocks were down on Wednesday as oil prices took a hit, while the pound staged a tentative recovery from the previous day’s drop.
The FTSE 100 was subdued as investor sentiment in the UK failed to match positivity in the US, where the Dow Jones jumped after the Federal Reserve chief suggested a rate cut could be on the cards.
Strong jobs data from the US weighed on the pound on Friday, while London’s top-flight shares ended the week in the red.
Paddy Power owner Flutter Entertainment topped London’s blue-chip index on Wednesday amid a mysterious rally in its share price, leading another day of gains on the market.
Bad news battered the pound on Tuesday as Britain’s construction sector suffered its worst monthly slump for 10 years, but London’s top shares rose on the back of weaker sterling.
The pound lost ground on Monday after Britain’s manufacturing output undershot expectations, while shares in London were trading higher.
London’s top shares only just avoided slipping into the red on Tuesday as geopolitical tensions continued to weigh on the markets.
The FTSE 100 has been buoyed by a dip in the value of the pound, as sterling’s rally on foreign exchange markets fizzled out on Monday.
Oil prices pushed higher on Friday while global markets edged lower, as an attack on two oil tankers prompted fears over supply.
The FTSE 100 finished the day higher for a sixth consecutive session on Tuesday as a more positive sentiment flowed through global markets despite unresolved trade tensions.
The pound was in the doldrums on Monday after a disappointing set of numbers on the UK’s economic growth.
Budget airline EasyJet has crashed out of the FTSE 100 as part of the latest market reshuffle.
High street giant Marks & Spencer looks set to narrowly avoid relegation from Britain’s blue chip share index in this week’s FTSE reshuffle, but airline easyJet is on course to nosedive out of the top tier.
President Donald Trump put the markets in a gloomy mood on Friday as he slapped tariffs on all Mexican imports, in a bid to put pressure on the country over immigration.
Top-flight stocks in London tumbled on Wednesday as the mood of the global economy took a downturn following the latest shots fired in the US-China trade dispute.
London’s blue-chip index failed to gather steam on Tuesday, despite a rally in commodity stocks.
Markets in London and across Europe were dented on Thursday after US-Chinese trade tensions ratcheted up once more.
The FTSE 100 has slumped to a two-month low after China announced tariffs on the US as tensions between the two global powers continue.
The pound was in the doldrums on Wednesday as Brexit uncertainty continued to plague the currency.