RBS currency analysts have said selling sterling against the US dollar represents a "top 2013 trade" as the pound rises to a ten-week high.
The bank's FX team are concerned sterling's relative safe haven status could come under threat next year, as deteriorating public finances and productivity performance and falling credit ratings hit home....
Osborne calms markets as FTSE 100 only down 0.8% in early trading; Decision delayed on Emergency Budget
The FTSE 100 opened down 0.8% in the second day of trading following the Brexit vote decision, as Chancellor Osborne moved to reassure markets with a early morning statement saying the UK was well prepared for the challenges ahead.
As news of the UK's decision to exit the EU sunk in over the weekend, Investment Week rounds up some of the key stories for our market.
'Black Swan' event
Back safe havens
US markets suffer losses upon opening