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Evening Standard
Evening Standard
Business
Michael Hunter and Graeme Evans

FTSE 100 Live 12 July: Index up and pound at one-year high versus dollar, Ashmore shares fall

Ashmore (Organization) United States

Sterling’s strength versus the dollar is in focus today as traders bet on US rate cuts by September.

In today’s corporate updates, emerging markets-focused Ashmore has revealed a drop in assets under management.

Traders are also watching Wall Street developments closely after big falls yesterday for Nvidia, Tesla and other growth stocks.

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