28.09.201010:16:00UTC+00Sterling Drops, Gilt Futures Go Positive Following Posen's Comment
News:
Sterling fell and gilt futures turned positive on Tuesday after BoE's Posen said the CBank should start pumping more money into the economy
Sterling fell around half a cent against the dollar to $1.5775 after the remarks; euro rose to around 85.45 pence from around 84.92 pence
December gilt futures turned positive and jumped to trade 25 ticks up on the day at 124.37 after the speech, having stood 2 ticks down at 124.10 beforehand
December Bund futures rose after the comments, although remained much off earlier session highs and were last up 7 ticks at 131.58