According to Reuters Business, Britain’s SIG reported muted sales as the construction industry stalls, signaling weaker demand conditions across UK building activity that investors track for sector momentum (source: Reuters Business). For equity traders, the report highlights a soft operating backdrop that can inform positioning in UK building-materials distributors and related mid-cap names, with focus on revenue run-rate and order trends when further company details are released (source: Reuters Business). The report does not cite any direct cryptocurrency impact, limiting read-through to crypto markets for now (source: Reuters Business).

According to @business, the FTSE 100 is set to fall amid a broad selloff while the pound gains, signaling risk-off conditions in UK equities. Bloomberg notes the stronger GBP can compound pressure on the FTSE 100 given its exporter-heavy composition, where a large share of constituent revenues come from overseas, as highlighted by FTSE Russell. For crypto traders, the IMF has documented a tighter correlation between crypto assets and equities since 2020, implying UK equity stress can spill into BTC and ETH during risk-off sessions.