Stride's insistence at a speech in London that never again would the Conservatives offer up a largely unfunded package of tax cuts is the first time that the party hierarchy under its leader, Kemi Badenoch, has definitively cut itself off from Truss.
The U.S. Dollar Index's decline signals a market reassessment of the dollar in light of shifting global risk and investor appetite for riskier assets.
South African equities face potential volatility, with the JSE FTSE Top 40 index down 0.33% amid profit-taking and concerns over fiscal health and politics.
A federal budget is one of the most significant legislative pieces a government can put forward. It provides an update on the nation's coffers and outlines spending priorities.
The selling pressure quickly eased as investors believed that prior market reactions had already priced in much of the risk, leading to increased buying interest.
Active transportation projects give us the biggest bang for our buck," said CalBike Policy Director, emphasizing the need for strategic funding allocations now more than ever as priorities shift.
