In a significant development, public sector workers are set to receive proposed pay increases, pressuring the Chancellor. With potential industrial action looming, the government's response is critical. Meanwhile, new migration laws and the impact of tariffs on US ports add to the unfolding story.
As the dollar weakens and U.S. interest rates dip, emerging markets stand to benefit. However, early futures suggest that stocks may face challenges, despite positive remarks from Treasury Secretary Scott Bessent.