And what of bond markets? And could the Bank of England be forced to change its tact?
With the gilt market trading a “touch higher”, Adrian Hull, senior fixed income investment specialist at Kames Capital, stressed there was no need to panic.
He said: “Further sterling weakening could see weaker domestic growth and higher than forecast inflation.
“At this point Mark Carney becomes increasingly important; gilts and global bond markets are at range lows and data continues to make valuations look stretched. Today’s electoral wobbles do not change that view.
