Budget moves spread markets by a seat
First reactions from punters to Gordon Brown’s ninth budget have been fairly muted. These are the latest prices compared to first thing this morning.
IG Index – LAB 349-354 (n/c): CON 199-204 (-1): LD 68-71
Spreadfair – LAB 351.2 -351.9 (-0.1): CON 200-201.9 (-1): LD 68.5-69 (n/c)
5-10 pm UPDATE. There’s been no new price fix from IG but on the Spreadfair exchange the Labour price is going down as well. These are the latest.
Spreadfair – LAB 350 (-1) -350.8 (-1.2): CON 200-201.9 (-1): LD 68.7 (+0.2) -69