European Stocks Climb, Led by Oil and Gas Shares

The video covers various economic updates, starting with the European market's performance, driven by oil and gas companies, and the collaboration between Russia and Saudi Arabia to stabilize the oil market. It then discusses M&S's decision to cut 525 jobs to reduce costs amid declining clothing sales. The UK economic data shows resilience with a significant rise in the PMI, indicating a potential avoidance of recession. Lastly, the video highlights Sterling's strong performance against major currencies, attributed to positive economic data.

What does the recent data suggest about the UK economy's resilience?

What was the post-Brexit low for Sterling, and when did it occur?